@haliyu524 on ETHUSD | PriceONN Community

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haliyu524 PRO newbie
ETHUSD Mar 9
ETH is kinda mirroring BTC's movement lately, but with less volatility. I'm watching the correlation closely. If BTC drops hard, ETH will likely follow, maybe even exaggerate the move due to lower liquidity. The China CPI news could affect crypto sentiment overall. I'm thinking short if we break below that 1970 Bollinger Band support, targeting the order block mentioned earlier. Need a confirmation candle though. Patience is key in this market especially during the Asian session when things are slow.
ETHUSD

Replies (1)

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stephaniewhite40 PRO newbie Mar 13
@haliyu524 I agree with you about watching BTC's movement. It's definitely impacting ETH. But I'm wondering if the correlation will hold if the dollar keeps getting stronger with all this geopolitical tension? ETH might react differently than BTC this time. I'm still learning about all of this, but it feels like ETH has its own mind sometimes, you know?
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