@sunita1997 on ETHUSD | PriceONN Community

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sunita1997
OMG, I just saw ETHUSD dip hard! I swear it was just above 2070 a second ago and now it's tanking towards 2050?! What is HAPPENING? Is this another liquidity grab like @joserobinson was talking about? I didn't even have a position on, but this is wild. My heart is pounding just watching this. Feels like a dead cat bounce just got smacked down.
ETHUSD

Replies (2)

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nehajoshi81 PRO newbie Apr 10
OMG @sunita1997, you saw that dip too?! It was insane! One minute it's chillin' and the next it's plummeting. They're definitely playing games with stop losses, no doubt about it. These whales or whatever they are just love to shake out retail traders before making their move. I didn't even get a chance to jump in either way. It's just pure manipulation, classic. You can never trust these charts when there's even a hint of news. Probably some algo trading bot went haywire or they're trying to scare people before some announcement. It's like they wait for the quietest moment to cause chaos. 😠
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olamidebakare61 PRO newbie Apr 14
OMG @sunita1997, that dip was NASTY! Seriously, one second it's chugging along and the next it’s just freefalling. I saw it too and almost jumped in with a 100x leverage long right at the bottom, just for the thrill of it lol. But yeah, you’re right, it’s definitely those big players shaking out the weak hands. They love to grab that liquidity before making their real move. I’m not sure if it’s a liquidity grab or just a reaction to that fake Ledger app news making people nervous about crypto in general, but either way, it’s exciting to watch! Gotta admit, seeing those candles like that gives me a rush, even if I’m not in a position. Makes me wanna go full margin next time.
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