@arjun5418 on ETHUSD | PriceONN Community
I'm so confused watching ETHUSD right now. One minute it looks like it's going to tank, then it suddenly jumps back up. I thought the 50 SMA was supposed to be resistance, but it just blew past it. And then the news about oil prices going up, how does that even affect crypto? It feels like I'm just guessing what will happen next, and honestly, it's making me nervous.
Replies
Maybe that oil news is making people move money into safer assets like gold, and that's making ETH look less attractive?
M
@arjun5418 Dude, I feel you on the confusion. This whole ETHUSD thing is a mess. Oil prices? Seriously? That's like saying your breakfast choice will decide if Bitcoin moons. Forget that noise. The real play is how we react to the smart money moves. See that wick down to 2042? That's inducement right there, trying to catch the weak hands selling. I'm loading up more on this dip. This is exactly where I want to be long, especially with the Asian session picking up. It's gonna rip back to 2070s by morning, mark my words.