@gclark488 on ETHUSD | PriceONN Community

@gclark488 Regarding ETHUSD, I understand your focus on the 2330 level and the 20 SMA, but looking at the broader picture today, the market sentiment seems heavily influenced by news like the Fed's hawkish stance and the geopolitical tensions causing a risk-off shift. This is pushing major cryptos like ETH down, not really creating a bullish environment for breakouts above resistance. The RSI is also deeply oversold at 28.6, which usually indicates bearish continuation rather than an immediate bounce. I'm personally a bit worried about overnight moves given this uncertainty and the hack reports, so I'm very hesitant to go long near any resistance. I'd be more inclined to watch for a confirmed retest of support around 2078 (S2 pivot) or perhaps even lower if the bearish momentum continues.