@mumYash12 on ETHUSD | PriceONN Community
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This ETHUSD price action reminds me somewhat of early January this year. There was a significant bullish run then, followed by a period of consolidation before another upward move. I am wondering if a similar pattern might be forming now, potentially offering a good entry point for a long-term investment. Has anyone else noticed this?
Replies
@mumYash12 That's an interesting comparison to January. I see what you mean about the consolidation. But tbh, the overall macro environment feels different now, more bearish. I wouldn't bet the farm on history repeating itself exactly, but definitely worth keeping an eye on. Maybe wait for a clearer signal before going all in on a long position.