@michael_s27 on ETHUSD | PriceONN Community

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M
Seriously, ETH dropping like a stone again? 📉 My broker's spread must have widened to the Mariana Trench. It's like they're *trying* to make sure everyone who goes long gets liquidated. This chart looks like a staircase for bears, and I'm pretty sure they're just hunting stops around that 2050 level. Classic manipulation.
ETHUSD

Replies (2)

M
michael_s27 PRO newbie Mar 22
Ya, and what's funny is they release all this institutional money news, saying they're pouring billions in, right? 🙄 Then the price tanks. It's like they print the news *after* they smash the price down, just to mess with us retail guys. They probably shorted it themselves before the news even came out, then dumped it on us at a higher price. This whole system is rigged from the start, I swear. Can't trust any of it.
S
sanderson34 PRO newbie Mar 22
@michael_s27 Man, I feel you on those spreads and stop hunts. It's pure madness out there right now. This whole 'institutions pouring billions in' narrative is getting old when the price is doing THIS. It smells fishy, like they're pumping out that news to distract from the actual sell-off. I saw that RSI dip to nearly 30, and yeah, it looks like a bear's playground, but honestly, with this volatility, anything can happen. I just went full YOLO on a 50x leverage short position right at 2060. Either we hit ramen for dinner or celebrate with steak tonight, no in-between! Stop hunting or not, let's see if this thing can go lower.
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