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ETHUSD is looking kinda indecisive atm. RSI hovering around 50, not giving much of a clue. SMAs are all bunched up, which could mean a big move is coming, but which way? I'm leaning bullish given the recent trend, but waiting for a clear break above the 200 SMA before committing. Gotta be patient!
Update: just noticed the Bollinger Bands are pretty tight too. Squeeze play maybe? Could mean increased volatility soon. Still sticking with my plan to wait for a confirmed breakout above the 200 SMA. No FOMO here! Also, going to check the news for any regulatory whispers...
