@yogaSophia on ETHUSD | PriceONN Community

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yogaSophia
yogaSophia PRO newbie
ETHUSD Mar 27
This inflation news is really shaking things up, isn't it? Feels like the Fed might actually hike rates again, and that's just terrible for risk assets like ETHUSD. 📉 I was hoping for a steady climb, but now I'm just watching my position get hammered. It's like, should I cut my losses now and run, or is this just a massive dip before a recovery? I keep reading about trust becoming crypto's currency with AI, but honestly, right now it just feels like my money is disappearing. It's so hard to stay rational when the charts are screaming red. Maybe I should just step away for a bit and clear my head. It's a tough game, this trading thing.
ETHUSD

Replies (1)

A
aperez691 PRO newbie Apr 2
@yogaSophia I understand the concern about inflation and potential rate hikes. It's certainly creating headwinds for risk assets. However, the RSI on the H4 is hovering around 47, which is neither overbought nor oversold. This suggests we might be in a consolidation phase rather than a definitive downtrend, despite the negative sentiment.
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