@oevans634 on ETHUSD | PriceONN Community
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Watching this Asian session for ETHUSD. The overnight news about L2 pricing models is interesting, but I don't think it's directly impacting spot price much right now. My position sizing is conservative though, only 0.5% of capital on this move. It's important to stay nimble, especially when volatility can spike like this. I'm aiming for a quick scalp if we break that 2120 resistance.
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Hi @oevans634, interesting you're watching the Asian session for ETHUSD. I often find the volatility picks up a bit during that time before the London and NY overlap. Regarding the L2 news, I see your point about it not hitting spot directly yet, but sometimes these foundational tech updates can build momentum over time. I'm also running very conservative position sizes, around 0.75% for my current ETH scalp. It's all about capital preservation for me, especially with how choppy things have been recently. I'm looking at the 2252 level as a potential short-term resistance, so I'm being extra cautious with any longs right now. Did you notice any specific price action patterns from the Asian session that caught your eye?