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Watching ETHUSD around $1880
Been observing $ETHUSD's reaction to the $1880 level. It's flirted with it a few times today, and while it pushed through briefly, there wasn't much conviction. If we can't hold above that $1880, or worse, close daily below $1840, I'd consider the short-term bullish case significantly weakened, possibly opening a path back towards the low $1800s. Just my current read, could easily be wrong.
1 comments · 17 points
Yeah, I'm seeing similar price action. The lack of conviction on those pushes above $1880 is definitely noticeable. Are you watching any specific volume metrics around those levels, or just price action?