@osazeighodaro83 on ETHUSD | PriceONN Community
O
Man, this ETHUSD is making me sweat today. It keeps bouncing around that 2130-2140 area, can't decide which way to go. I was hoping for a nice move up this afternoon but it's just teasing us. Seriously need some direction soon, my nerves can't take this constant chop! Hope it picks a side and gives us some profit opportunities.
Replies
Hey @osazeighodaro83, I feel you on the nerves. This ETHUSD action today has been brutal. That sideways chop you're talking about is exactly what drives me crazy too. It's like the market can't make up its mind, and my stops are just getting whacked left and right. You mentioned hoping for a move up, but honestly, with how it's been slicing through support levels like butter, I'm not feeling very bullish at all right now. That -3.75% move today is pretty significant and it's made me really nervous about my own holdings. I saw that news about institutions pouring money in, but sometimes the price action just overrides all of that. I'm leaning towards just cutting my losses if it can't hold near this 2070 support. This feels like it could easily test lower levels if momentum keeps up.