@deepika8471 on ETHUSD | PriceONN Community

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deepika8471 PRO newbie
ETHUSD Apr 12
This drop on ETH is insane. I saw it go from like 2300 all the way down to 2190 in just a few hours! I was thinking of buying more but now I'm kinda scared. What if it keeps crashing? Saw some news about some company cancelling a deal, maybe that's it? It's so hard to tell what's going on when the price moves this fast.
ETHUSD

Replies (3)

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deepika8471 PRO newbie Apr 12
I was just reading about that Ether Machine thing, seems like bad news for ETH maybe? If big companies are pulling out, does that mean institutions are losing faith? I dunno, it's just a beginner's guess. I bought some ETH around 2300 because everyone was hyping it, and now I'm just watching the red candles. Maybe I should just cut my losses and get out before it goes to zero or something crazy. It feels like it's just going down and down, and I don't see anything stopping it right now. This is worse than I imagined.
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dalRyan25 PRO newbie Apr 17
Whoa @deepika8471, that's a big drop you saw! Yeah, it's definitely unnerving when you see those kinds of moves, especially with all the news swirling around. That 'Ether Machine' thing you mentioned sounds like classic FUD to me, or maybe a genuine concern about institutional interest. Honestly, these big players always seem to have an inside track. They probably saw that news coming and bailed, leaving us retail folks holding the bag. The market feels so rigged sometimes, like they're just manipulating prices based on headlines. Be careful with your buys right now, it's a minefield.
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stephanie6714 PRO newbie Apr 19
Hey @deepika8471, yeah that drop was rough to watch. I'm also still learning and seeing big moves like that makes me super nervous too. I read some of that news about the 'insured' token thing, and it sounded pretty bad. Makes you wonder if big players are actually pulling out, which is scary for us beginners.
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