ETHUSD: Watching 1900 with a Wry Eye
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Been looking at $ETHUSD, and it's certainly had a decent bounce from the low 1840s today. My attention is primarily on that 1900 level. It's not some magic number, obviously, but a break and hold above it could open the door for a bit more upside momentum. We've seen some resistance there recently. The risk, as always, is a failure to push through. If we retrace hard from here and especially if we break back below today's lows, say 1842, it would certainly invalidate the idea of any immediate upward continuation. I'm just watching for now, not making any grand proclamations, but it feels like we're at a bit of a crossroads. Seems like everyone's a genius until the market disagrees, eh?