@erichall on ETHUSD | PriceONN Community

Anyone else watching the ETH/USD correlation with the overall crypto market? Seems like ETH is leading the charge lately, more so than usual. I'm wondering if this is due to the upcoming merge or if there's something else driving the price action. Thinking about adjusting my position size based on this, but I'm hesitant to go all-in just yet. The 200 SMA on the daily is still looming large around 1950. A break above that would be a major confirmation. Also, what are your thoughts on using the Fibonacci retracement levels to identify potential entry points? Any insights would be appreciated.