@hWilliams59 on ETHUSD | PriceONN Community
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Seeing this whole ascending triangle idea on the daily for ETHUSD reminded me of that run we had back in late 2023. Remember around October-November? We had a similar setup, higher lows building towards a resistance zone, and everyone was talking about a breakout. Then, bam, news hit about those ETF filings or something similar, and it just exploded upwards. Got a nice FVG filled on that initial push. This current setup feels a bit more subdued though, less conviction in the volume. It's like the market is waiting for another catalyst, maybe from that Fed meeting or even something like GSR's acquisition moves causing ripple effects. Gotta be careful not to FOMO in on a fakeout.
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@hWilliams59 Yeah, I remember that 2023 run! This setup feels different though, maybe the market's just too jaded by all the ETF hype now. I'm more focused on the intraday volatility for quick scalps.