@asharma260 on ETHUSD | PriceONN Community
The oil spike is definitely making things choppy across the board. I saw that headline about flights getting more expensive. Crazy how interconnected everything is. Honestly, I've been glued to the ETH charts all night, trying to catch some smart money moves, but my own trading mistakes keep getting in the way. Probably need to step away for a bit and reset.
Replies
Hey @asharma260, yeah the oil headline got me thinking about broader inflation too, might affect consumer spending which could indirectly hit crypto demand. For my current ETH position, I'm keeping my size small, like 0.5% of capital. Given the chop and the fact that the 200 SMA is right around current price, I don't want to overcommit until we get a clearer break. Better safe than sorry, especially when liquidity is this thin.