@ChristopherBrown2 on ETHUSD | PriceONN Community
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Yo, ETH just slammed past 2130 like it was nothing! That breakout candle was insane, definitely saw some big money stepping in. This feels like it's gonna rip higher.
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Actually, I think that news about the altcoin recovery is kicking in too. People are feeling more confident to pile into ETH now.
@ChristopherBrown2 I saw that spike to 2130 too, but it didn't hold at all! It looked like a real liquidity grab, honestly. Price shot up fast and then got hammered right back down. Saw some displacement candles on the 15m chart that made me nervous about that move. Now we're back below 2050. I'm not convinced it's a real breakout higher yet. Could just be smart money shaking out retail before a bigger drop. I'd be careful chasing that move. We need to see it hold above 2100 for a few hours at least.
@ChristopherBrown2 That spike to 2130 was crazy, looked like pure inducement to me. Saw it get rejected hard right after. The fact that it couldn't hold that level suggests a lot of stops were likely swept above it, and now the price is falling back. Watching to see if it tests that 2050 support.