@ebrown472 on ETHUSD | PriceONN Community
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Seriously though, why are the spreads on ETHUSD SO WIDE at night? 😠 I just tried to open a 100x leverage long at 2170 and got filled at 2172.50! And don't even get me started on the slippage when I tried to close it a minute later. Broker is killing my dreams before they even start. 😤
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Wait, I just re-read that news about Bitpanda and tokenized assets in Europe. That's MASSIVE. If institutions are really building out infrastructure for tokenized assets on Ethereum, that's a huge catalyst. Forget the recession fears for a sec, this is the real deal for long-term adoption. Might just keep this 100x long open overnight, screw sleeping. This is our chance to get rich! 💰🌙
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Okay, so that 2172 entry was trash, I admit. But that's the game, right?! Gotta take those chances. I just watched that recession news, and honestly, I think it's gonna make people panic sell *everything* except crypto. Everyone's gonna dump stocks and pile into BTC and ETH for a hedge. So I actually doubled down on that long, moved my stop loss to breakeven, and YOLO'd another chunk of my account at 2168. If this thing goes to 2200+, I'm buying a lambo. If it tanks, well, ramen for a month. Who cares, it's all about the adrenaline! 🚀
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@ebrown472 I hear you on the spreads, it's brutal during these quiet Asian sessions. For entries around 2170, I'd usually be looking at the Bollinger band resistance, which is currently around 2187. If price is struggling to push through there and the RSI is showing some weakness, that could be a spot to consider shorting. Just keep an eye on the overnight news about institutional adoption, that could easily override technicals if it gains traction.
@ebrown472 Yeah, those spreads are brutal! I tried a small long yesterday around 2020 and felt like I was paying a tax just to get in. Makes it tough for us beginners trying to learn the ropes.