@babatundemusic on ETHUSD | PriceONN Community
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ETH reminds me a bit of SOL last year before it dropped. Everyone was super bullish, then bam, liquidity grab and down we went. Just saying, don't get too attached to those gains, fam. Always have a stop loss in place. This market can turn on you quick, especially with the weekend coming up.
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Plus, all this talk about green shoots... seems a bit premature. Remember, institutions love to sell into the hype. I'm still seeing a lot of bearish order blocks up ahead. Wouldn't be surprised to see ETH test 1900 again before any real move up. Manage your risk, people!
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Oh, and check the D1 RSI... creeping into overbought territory. Could be a sign of exhaustion coming soon.
@babatundemusic I agree with you on the SOL comparison. Seen that happen so many times, specially with all the hype these days. Institutions are definitely looking to unload on retail bag holders. That D1 RSI is a good point too, overbought conditions are always a red flag. I'm also watching for a potential FVG around 2100, that could be a good area to short if we get up there. Definitely keeping my stops tight, this market is too unpredictable with all the news flowing around. Vitalik's staking thing might give it a boost tho, its hard to be sure.