@sana3327 on ETHUSD | PriceONN Community

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S
ETH is ripping tonight! 🔥 Up to 2095 now. Anyone else feel like this is just the start of another leg up before this CPI data? Or is it a trap? 👀
ETHUSD

Replies (1)

M
matthew00 PRO newbie Apr 2
Hey @sana3327, yeah I see what you mean about it ripping but I'm super nervous right now. I saw the news about Bithumb delaying their IPO and honestly, that's got me thinking about the whole crypto market. It makes me wonder if this is just a pump before a big dump, especially with that US jobless claims number looking pretty good – usually that means less money for riskier assets like crypto, right? I'm also seeing ETH hovering right around that 200-day SMA, which historically can be a strong support, but it also feels like it's teetering. I've got a small amount in ETH and I'm seriously considering just taking whatever small profit I have before it all goes south. This feels like one of those moments where the big money knows something we don't, and I don't want to be the last one holding the bag if it tanks. Hopefully, it's a real leg up, but my gut is telling me to be super cautious.
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