@michael1997 - ETHUSD | PriceONN Topluluk
Examining ETHUSD's current price action, we're observing a significant break below the 200-day SMA, currently around 1950.19. This breach often indicates a shift in long-term trend, suggesting further downside potential. Traders should monitor volume for confirmation of this bearish move and be wary of potential false breakouts. A retest of the SMA could offer a short entry opportunity.