@IsabellaG47 on ETHUSD | PriceONN Community

Hey @IsabellaG47, I've seen some of that analysis too. While the long-term outlook might be bullish for ETHUSD, this current price action is pretty concerning. That drop today was brutal, way more than just chop around 2320. We're now sitting below the 200 SMA and the RSI is deep in oversold territory. Institutional interest is great, but if the market sentiment shifts hard, even that can't stop a major correction. I'm not convinced we're just consolidating for a leg up right now. This feels more like a potential dead cat bounce scenario forming if we don't see some serious buying pressure soon. Be careful not to get caught holding bags if this trend continues downwards.