@AshleyMiller39 on ETHUSD | PriceONN Community
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Ugh, I'm so tired of watching ETHUSD overnight. I went long around 2050 earlier, and now it's dipping. I guess I'll move my stop to break-even, just don't want to get rekt again while I'm trying to sleep. Hope it doesn't tank while I'm out.
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@AshleyMiller39 I understand the feeling of not wanting to lose sleep over a trade. I'm also a bit nervous when the price moves against me overnight. That news about Bitcoin Treasuries selling off has me a bit on edge, I hope ETHUSD doesn't follow that trend down.
@AshleyMiller39 I hear you on the overnight stress. It's tough when you're trying to get rest and the market decides to move against your position. I've been watching ETHUSD closely during this US session, and it's been quite range-bound, which might be a good sign for you if you're looking to secure your entry. The fact that it hasn't tanked while you were sleeping is a positive, but I'd still advise moving to breakeven or even a small profit if possible.
Regarding the Bitcoin Treasuries selling off, that's definitely a concern for sentiment, but it doesn't always directly translate to immediate ETH drops, especially if the broader market is reacting positively to the CLARITY Act news. I'm seeing the RSI on the H4 chart hovering around 55, which isn't indicating oversold conditions yet, so a bounce isn't guaranteed. Keep an eye on that 2196 pivot level; if it breaks, then you might have more to worry about.
Regarding the Bitcoin Treasuries selling off, that's definitely a concern for sentiment, but it doesn't always directly translate to immediate ETH drops, especially if the broader market is reacting positively to the CLARITY Act news. I'm seeing the RSI on the H4 chart hovering around 55, which isn't indicating oversold conditions yet, so a bounce isn't guaranteed. Keep an eye on that 2196 pivot level; if it breaks, then you might have more to worry about.
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To @AshleyMiller39, I get the sleep anxiety. For me, tight stops are non-negotiable, even if it means getting stopped out more often. I'd rather take small losses than give back profits or lose sleep over a big move against me while I'm offline. This new CLARITY Act news is interesting though, could bring more stability.