@refilwe9538 on ETHUSD | PriceONN Community
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I'm calling a bounce off 2107.2 S2. Gonna load up a 100x leverage long there if it hits, YOLO style. This dip is too good to pass up, whales are accumulating.
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Hey @refilwe9538, I see your point about looking for a bounce off that S2 pivot, but 100x leverage on a Yolo? That sounds seriously risky, mate. Especially with the way things are going. We've seen ETH drop hard today, and the general sentiment seems pretty bearish with all this inflation talk and the potential Fed hike. I'd be more inclined to wait for a clearer sign of recovery, maybe a confirmed break above some resistance, before even thinking about going long. Getting rekt on high leverage is brutal and happens way too fast, especially when news dumps hit the market. This whole crypto market cap dip and global risk aversion is worrying me about ETH's immediate future.
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Hey @refilwe9538, 100x leverage is wild man. I get wanting to catch a bounce but that's just asking to get rekt if it goes south. Be careful with that.