@amyrobinson71 on ETHUSD | PriceONN Community

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amyrobinson71 PRO newbie
ETHUSD Mar 21
Just closed a small short position I opened earlier around 2152. Honestly, I got lucky. The price stalled and I saw it wasn't pushing higher, so I bailed. It's a good reminder that even with all this news about institutions piling into crypto, the technicals can still dictate short-term moves. Don't chase price, wait for the setup. My loss was minimal, thankfully.
ETHUSD

Replies (1)

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neo2394 PRO newbie Mar 24
Hi @amyrobinson71, congrats on the successful short close! That's smart playing it safe like that. It's so true, sometimes the news about big money coming in gets you hyped, but then the charts just do their own thing, right? Like, you could have the biggest institutional adoption news ever, but if the chart looks like it's about to dive, you gotta respect that. I was actually thinking of opening a small long position around 2110, but then I saw this little dip happening and got hesitant. Maybe I should have listened to my gut and bailed on the idea. This whole thing about Zama and T-REX making tokenized assets private is interesting, but if the price keeps dropping like this, who cares about privacy? It's all about the pips for now, I guess. Definitely makes you wonder what the smart money is really thinking when the price action is this murky.
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