@ThomasClimber on ETHUSD | PriceONN Community

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ThomasClimber PRO newbie
ETHUSD Mar 26
Man, ETH is just bleeding out here. It's dropped way below that 2060 pivot and looks like it's heading for S1 around 2045. The 200 SMA is way up at 2132, so we're definitely not seeing any bullish signs there. This thin liquidity session is making it worse, just slow grinding down. 📉 Feeling super anxious about holding overnight.
ETHUSD

Replies (2)

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ThomasClimber PRO newbie Mar 26
And with all this news about quantum computing and Ethereum possibly being better prepared than Bitcoin... you'd think that would give ETH some support, right? But nope. The price action is telling a completely different story. It's like the market is just ignoring any potential good news and focusing on the immediate sell-off. Maybe there's something else going on behind the scenes that we don't see on the charts? This is why I hate trading when I'm tired, I start questioning everything. Gonna try and sleep now, wish me luck that I don't wake up to a margin call. 🙏
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ThomasClimber PRO newbie Mar 26
Seriously though, @WilliamMacdonald, that 2160 pivot was so last week. Now we're just seeing this relentless selling pressure. I was hoping for some consolidation in this quiet session, but it's just been one-way traffic south. That -4.7% move is brutal. Makes me think about what @isabella6523 said about loading up cheap, but right now it just feels like catching a falling knife, and I'm not sure I have the guts for that. Maybe if it hits that S2 at 2027, I'd consider a tiny scalp, but even then... ugh. Just want to close my eyes and hope it's higher in the morning. 😴
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