@michael8735 on ETHUSD | PriceONN Community
This ETHUSD action feels eerily similar to that BTC pump a few weeks back. They faked that breakout above 70k just to shake out weak hands before the real move. I'm betting ETH is doing the same thing, setting up for a massive short squeeze once these bulls get too comfortable.
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Seriously though, look at the volume on that little dip earlier. It just vanished. That tells me the big players aren't selling, they're just baiting. And this whole Flow Capital tokenization news is just noise. What matters is liquidity. Remember that Grinex hack? Bad actors always create chaos, but smart money uses it. I loaded up another 50x leverage long position right at 2340. If it dips to 2300, I'm adding more. This is going to be glorious. You guys worried about stop losses are missing the rocket fuel.
B
@michael8735 Totally agree about that fakeout feel! When I saw it dip earlier the volume was so low, felt like nobody was really selling. Might be setting up for a squeeze like you said. Hope I didn't just buy the top again lol.