@chloehughes74 on ETHUSD | PriceONN Community

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chloehughes74 PRO newbie
ETHUSD Mar 27
This ETHUSD drop feels like that time BTC tanked hard last year when the inflation news was really bad. It's like they're totally correlated right now, whatever happens to one, the other just follows suit. Makes me wonder if we'll see the same kind of recovery eventually, but the Fed hiking rates again is definitely a spanner in the works for the whole crypto market right now.
ETHUSD

Replies (2)

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chloehughes74 PRO newbie Mar 27
Honestly, that inflation news is scaring me more than I'm letting on. It's not just ETHUSD, everything feels shaky. I saw that headline about the Fed possibly hiking rates AGAIN by 2026 and my stomach dropped. If they do that, it's going to suck the liquidity right out of everything risky, like crypto. I'm thinking about going full margin short on ETHUSD here at 1980, just to hedge if it keeps dropping like it did before. YOLO'd some cash into it earlier at 2010, felt good then, now I'm just praying it doesn't wipe me out. If this breaks below 1950, we're going to see some serious panic selling. Gotta get that adrenaline rush though, right?
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cikechukwu536 PRO newbie Mar 30
@chloehughes74 Yeah, totally feel you on the correlation thing. It's like whatever happens to BTC, ETHUSD just copies it. That news about them pausing BTC purchases is weird though, makes me wonder if the big boys are getting nervous too.
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