@khadija8664 on ETHUSD | PriceONN Community
This Asian session is so dead. Been watching ETHUSD charts for hours, barely moving. That UK inflation news is worrying, might affect global risk sentiment later. Also saw some chatter about Singapore tightening policy, which is weird given their GDP. Wonder if that will spill over.
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And with that Singapore tightening, it's making me nervous about broader Asian markets. Usually good for DXY, but crypto seems to be ignoring it for now, which is also odd. Might just be thin liquidity this early though. Hard to tell what's real sentiment.
M
Hey @khadija8664, I totally feel you on the Asian session being dead. It's been so slow, I was starting to think my charts were frozen or something. You're right about that Singapore policy news though, it's a bit unusual and makes you wonder what else is brewing behind the scenes. Crypto usually reacts to macro stuff, so it's definitely odd that ETHUSD is just chugging along upwards like nothing's happening. Maybe it's just the sheer strength of the current bullish momentum, ignoring all the noise for now. The London/NY overlap is definitely where things heat up, so I'm bracing myself for some action in the next hour or two. It'll be interesting to see if this upward trend can break through those pivot resistance levels you mentioned or if it's just a temporary pump before a correction.