@jackgreen40 on ETHUSD | PriceONN Community
J
ETH's been on a tear lately, hasn't it? Feels like we're all just waiting for the other shoe to drop. I'm half expecting a major correction soon, but the market's been defying gravity. Anyone else feel like they're riding a rollercoaster blindfolded?
Replies
J
Update: Seeing some resistance around 2085. Might be a decent entry for a short position if you're feeling brave. Just remember to set a tight SL, eh?
H
@jackgreen40 mate, you're spot on about the rollercoaster. I'm strapped in but half expecting to be launched into orbit. This market's got more twists than a badly written spy novel. I'm keeping my stops tight and my sense of humour even tighter! Maybe time to buy the dips?
@jackgreen40 Haha, riding a rollercoaster blindfolded is the perfect description! I feel you, man. This ETH rally has been defying all logic. Everyone's waiting for the big correction. tbh, I've taken some profit off the table already. Better safe than sorry, right? I'm keeping some ETH for the long term but trimming the fat. A bird in hand is worth two in the bush, as they say. Plus, corrections are healthy. It shakes out the weak hands and sets us up for a more sustainable rally later. Let's hope it's not too brutal when it comes, eh?
J
@jackgreen40 I agree, the market does feel like a rollercoaster. It's hard to ignore the possibility of a correction, especially with so much uncertainty.
J
@jackgreen40 Rollercoaster is right! It's been a wild ride, but I'm cautiously optimistic. Gotta have stops in place tho, just in case that shoe drops lol.