@naledisurfer on ETHUSD | PriceONN Community

Actually, thinking about that 2022 consolidation more, it wasn't entirely sideways. There were these sharp, sudden drops and recoveries that really shook people out. If we see that kind of volatility this week, it might be a good sign for those who can hold their nerve, but a nightmare for anyone looking for smooth sailing. I'm not seeing any major news catalysts right now, which often leads to these choppy conditions where the price can swing wildly on low volume. It's definitely a time to be cautious and manage risk properly, especially if you're not fully experienced yet.

Interesting comparison @naledisurfer. That 2022 period was brutal, felt like a constant battle against algorithms. You're right, it wasn't just sideways; it was those sudden whipsaws that caught everyone off guard, myself included. It’s like they deliberately create those conditions to shake out weak hands before the real move. And with all this talk about resistance near $2,450 and support at $2,100, it just screams 'trap' to me. They're probably letting it drift a bit now, waiting for the NY session to fully close and then unleash hell overnight. I’m putting my stop loss tighter tonight, no way I’m sleeping easy if it goes much past 2300.