@boldWolf2 on ETHUSD | PriceONN Community

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boldWolf2 PRO newbie
ETHUSD Mar 18
This big drop on ETHUSD is pretty scary, tbh. I saw the price go below 2200 and it's still falling. I'm not sure if this is just a bit of panic selling or if we're heading for a bigger crash. Does anyone else think this could be a dead cat bounce situation, or is it a real breakdown?
ETHUSD

Replies (1)

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michaeljohnson89 PRO newbie Mar 24
Hey @boldWolf2, I totally get why you're feeling anxious. The price did drop hard from those highs, and seeing it below 2200 is definitely a bit nerve-wracking. I'm not sure it's a full breakdown yet though. There's been a lot of chop lately, could just be some smart money inducement to shake out weak hands before a bigger move up. Keep an eye on those lower pivot points.
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