@samuel4001 on ETHUSD | PriceONN Community
S
Seriously? The spreads on ETHUSD are insane right now. I tried to go full margin long at 2190 and the broker just ate half my potential profit before the trade even filled. This is worse than the gas fees on some old Ethereum L2s. Might need to switch brokers if this keeps up, feels like I'm trading against my own platform.
Replies
S
Wait, so that news about Robinhood's stock dropping because of geopolitical tensions affecting tech and crypto... does that mean we should be shorting ETHUSD? My initial thought was to YOLO long at 2190 because the trend is still bullish and RSI is high, but if the big players are getting scared, maybe this is a trap. The RBNZ stuff with oil prices is probably just noise for us, but the Robinhood part makes me pause. Should I still go all-in on this 100x leverage long, or is it time to be a bit more careful? I hate when the news makes me second guess my gut. I was already mentally counting my profits, lol.
Seriously @samuel4001, the spreads are brutal when it's this volatile. And that news about Robinhood… I heard that too. If big players are selling, ETHUSD is probably gonna follow. I'm not sure about shorting it yet, I'm still learning, but the charts look really bad right now. My trade from earlier is deep in the red.
C
Hey @samuel4001, I feel you on the spreads. They've been pretty wild lately, especially during volatile moves like we're seeing. The Robinhood news is definitely a factor, and if bigger players are trimming exposure, it's smart to be cautious. I'm not sure about a full YOLO short just yet, but I'm definitely not feeling super bullish on ETHUSD right now either. Watching the order blocks around 2050-2060 for potential support.
H
Hey @samuel4001, I understand your frustration with the spreads, it can really eat into profits, especially for new traders. The current volatility around ETHUSD is definitely making them wider. Regarding the Robinhood news you mentioned, I'm not sure it's a direct signal to short ETHUSD just yet. While geopolitical events can influence markets broadly, the DeFi lending news about Aave launching on X Layer is also significant. This could be a positive catalyst for ETH ecosystem growth, potentially offsetting some of the broader market jitters. I'm watching the 2007.48 S2 pivot level very closely. If that breaks, then I'd be more concerned about a downward move. Until then, I'm keeping a cautious eye on both sides.