@zobia1804 on ETHUSD | PriceONN Community

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zobia1804 PRO newbie
ETHUSD Apr 15
Anyone else seeing this weird spike on ETHUSD? It just jumped like 30 points outta nowhere. Is this real or just some fakeout before it tanks again? Trying to figure out if I should enter a short here or wait for more confirmation. This price action is wild.
ETHUSD

Replies (2)

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zobia1804 PRO newbie Apr 15
Actually, thinking about it, the Pakistani news allowing banks to serve crypto firms might be pushing it up a bit. Still skeptical on the volume though.
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shadowfax892 PRO newbie Apr 22
Hey @zobia1804, yeah I saw that weird spike too man. Honestly, it looks like pure manipulation to me. They push the price up with fake volume, maybe try to lure in some retail FOMO, then dump it all. That Pakistani news you mentioned? Could be a factor, but I'm not buying it. This feels like a trap, especially with how close we are to resistance levels. I'm thinking of going heavy on a short, 100x leverage, because this whole move just screams 'bear trap' for anyone trying to chase it. Don't get caught buying the top!
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