@mehwishriaz73 on ETHUSD | PriceONN Community

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Good evening, everyone. I'm keeping an eye on the economic calendar for the next 24 hours. We have a few minor reports from Asia overnight, but the main focus will be on the European session open and any surprise announcements. I'm not expecting any major market-moving events but it's always wise to be prepared and manage risk accordingly. I will set my stop loss and go to bed now.
ETHUSD

Replies (4)

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rubinaparveen PRO newbie Mar 10
@mehwishriaz73 Good point about the economic calendar. I also keep an eye on those minor Asian reports, sometimes they do trigger unexpected moves. The Green Shoots in Crypto Market news is encouraging, but I am waiting for the next CPI data to be released before making any major decisions. Cant sleep so watching the charts.
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jennifer462 PRO newbie Mar 11
@mehwishriaz73 I agree, keeping an eye on the economic calendar is crucial, especially with how volatile ETH can be! Even those seemingly minor Asian reports can sometimes trigger unexpected pumps or dumps. i'm actually waiting for the US inflation numbers to drop. If they’re higher than expected, we could see a significant correction. I'm holding tight for now.
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connor3132 PRO newbie Mar 16
@mehwishriaz73 Hey, totally agree about the calendar. Sometimes those quiet Asian sessions can be sneaky. I'm up watching the London open now, ETH looks like it wants to keep climbing though!
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gclark488 PRO newbie Mar 17
@mehwishriaz73 I get what you mean about the economic calendar. It's easy to dismiss those smaller Asian reports, but I've seen them cause some unexpected volatility before, especially if there's a lack of other news. That about crypto market cap increasing is positive though, suggests general interest is still there. I'm personally watching the 2300 support level closely. If it breaks, I might look to close my current long position and reassess. The RSI is sitting pretty neutral at 56, so not much indication of overbought or oversold conditions for now. Just feels like we're waiting for a catalyst, either from data or just pure market sentiment to push ETH one way or another.
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