@deepblue205 on ETHUSD | PriceONN Community
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The overall market sentiment for ETHUSD appears to be shifting towards bearish. The recent price action suggests a loss of bullish momentum, and the break below key moving averages reinforces this view. While short-term bounces are possible, the prevailing trend seems to favor further downside. Traders should exercise caution when considering long positions and prioritize risk management strategies. Monitoring the price action around key support levels will be crucial in determining the next potential move. A break below 1933.58 (S2) could open the door for a test of lower levels.