@sSingh47 on ETHUSD | PriceONN Community
This ETH drop is pretty wild, down almost 6.5% today. RSI is screaming oversold at 28.7, but that doesn't mean much when macro data like that CPI is so hot. It feels like we're just seeing pure liquidation across the board. Anyone else feeling like we might be heading towards that 200 SMA around 2149? Or is this just a temporary panic before the whales step in to buy the dip?
I'm curious what the general sentiment is. Are people expecting a further crash, or do you think this is the bottom for now? I'm personally on the fence, watching the Asian session action closely. This volatility is insane, makes it hard to even place a trade.
I'm curious what the general sentiment is. Are people expecting a further crash, or do you think this is the bottom for now? I'm personally on the fence, watching the Asian session action closely. This volatility is insane, makes it hard to even place a trade.