@gracewright on ETHUSD | PriceONN Community
Ugh, this ETHUSD sideways chop is making me lose my mind. It feels like I've been staring at these charts forever and nothing is happening. I thought the crypto rally was supposed to keep going, especially with all that Bitcoin news, but ETH is just sitting here doing nothing. Seriously considering closing this position and waiting for a clearer trend. This low liquidity is just torture for scalping.
Replies
Actually, rethinking that. While it's been slow, the RSI is still sitting below 40, which isn't exactly screaming 'buy'. But then again, if we look at the past few days, every time it dipped close to 2280, it got bought up pretty quickly. The news about Bitcoin inflows is still massive, and ETH usually follows eventually. I'm watching that S2 pivot at 2280.78 like a hawk. If that holds, I'm still confident we'll see a move up, maybe even breaking that 2310 resistance soon. It's just a waiting game with this thin volume, gotta be patient.