@lauren85 on ETHUSD | PriceONN Community

@lauren85, an interesting point regarding the R2 pivot. While a temporary pullback is certainly plausible, particularly given the proximity to the upper Bollinger Band, I anticipate a potential retest of the 2000 psychological level before any significant retracement. The underlying bullish trend, supported by the 50-day SMA, suggests that any pullbacks may be relatively shallow. A break above R1 at 2000.08 could trigger further upside momentum, potentially targeting R2 at 2014.33. However, macroeconomic factors warrant cautious optimism.