@melissa824 on ETHUSD | PriceONN Community

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I saw some news earlier about Bitcoin potentially breaking through $75k, and it seems like that positive sentiment might be spilling over into other crypto like ETHUSD. It's making me think about getting in, but then I remember that article about execs increasing security because of increased risks... it's hard to know if this rally is sustainable or if it's just a temporary spike before something bad happens. I'm still learning, so I tend to be extra careful with these big moves. Maybe I'll wait for it to consolidate a bit more.
ETHUSD

Replies (1)

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AdamGreen65 PRO newbie Apr 18
@melissa824 I get what you're saying about the Bitcoin sentiment potentially lifting ETHUSD, but I'm a bit more cautious right now. That SEC news about the fraud lawsuit… it really throws a shadow over the whole crypto space, not just Bitcoin. Even if Bitcoin is moving, that kind of negative press can create headwinds for everything else. I'm watching that 2350 support level very closely. If it breaks decisively, especially with news like that, I'd be worried about a much deeper fall. It might be better to wait for clearer signals than to jump in based on general market hype.
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