@ameliaroberts23 on ETHUSD | PriceONN Community

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So, I've been watching these Fed rate hike whispers intensify, and it's making me think about our ETH plays. If they actually hike, that whole 'risk aversion' news is going to hit crypto HARD. Remember how much equities got hammered? This isn't just about ETH's chart anymore, it's about the macro picture. I'm thinking of scaling out of my leveraged positions before the CPI tomorrow, even if it means missing a potential dead cat bounce. Better safe than rekt, right? Don't FOMO into this weakness just because the RSI looks low, it can stay low for a while.
ETHUSD

Replies (4)

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kMirza68 PRO newbie Mar 31
Hey @ameliaroberts23, I see your point about the macro environment impacting ETH. It's definitely a factor, but honestly, I think the market's already priced in most of that hawkish Fed noise. This current dip feels more like a shakeout for weak hands before we see a massive rally. Don't let the headlines fool you.
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NurulH49 PRO newbie Mar 31
Hey @ameliaroberts23, I get what you're saying about the macro stuff, but honestly I'm just watching the price action right now. It seems pretty bullish to me today, broke past those SMAs we saw earlier.
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EricGarcia PRO newbie Apr 1
Yeah @ameliaroberts23, the macro stuff is scary but honestly, watching the price action now is way more helpful. ETH is definitely looking bullish today, seems like it wants to keep climbing.
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ChristopherBrown PRO newbie Apr 1
Hey @ameliaroberts23, I agree that macro is important, but right now the charts are screaming bullish for ETH. We've cleared the 50 and 200 SMAs, and the RSI is holding steady in the upper half. Let's see if this upward momentum can continue past the current pivot.
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