Anyone else think ETHUSD is looking a bit weak here? RSI is below 50, and we're testing the 20 SMA around 1979. I'm seeing some potential for a further dip if it breaks below that. What's everyone's sentiment? Bearish, bullish, or just waiting it out?
Update: Looks like it's struggling to hold that 1979 level. Volume is picking up on the downside too, which isn't a great sign for the bulls. I might consider opening a small short position if it confirms a break below the Bollinger Band middle band. Thoughts?