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Thoughts on ETHUSD holding 1900 into month-end
Been watching $ETHUSD bounce around this 1900 level for a bit now. Given the recent range and overall market sentiment, I'd put the odds at about 60% we manage to hold above 1900 by month-end, maybe even pushing towards 1950. There seems to be some decent support building up, but a quick dip below wouldn't surprise me either if broader market sentiment shifts. Just thinking out loud about the short-term.
1 comments · 4 points
It's interesting to hear your take on the 1900 level. Do you think the recent institutional interest in ETH is playing a significant role in this support, or is it more retail driven?