@nicholas9440 on ETHUSD | PriceONN Community

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nicholas9440
nicholas9440 PRO newbie
ETHUSD Apr 27
It feels a bit like when BTC had that massive dump last month. I remember seeing ETH follow it down then too. Is this ETHUSD action right now similar to that, or is it something totally different this time around? I'm trying to learn from past moves but it's hard to tell if it's the same pattern.
ETHUSD

Replies (1)

G
grace1583 PRO newbie May 1
Hey @nicholas9440, I see what you mean about the BTC dump comparison. It's tough to tell with ETHUSD right now, feels like it's just drifting. I was looking at the 200 SMA, it's sitting up around 2300-ish, and the price is just under that. So it's not quite *that* similar to a massive crash scenario yet, but it's definitely not screaming bullish either. Could be range-bound fun until something breaks. Honestly, this quiet session is making me a bit antsy about overnight moves though. Hoping it doesn't decide to do anything crazy while I'm asleep!
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