@georgewright on ETHUSD | PriceONN Community

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georgewright PRO newbie
ETHUSD Mar 25
It feels like this ETHUSD move is kinda similar to what happened with Oil a few months back. Remember how it shot up on that supply news, everyone was piling in? Then suddenly, bam, it reversed hard. This whole geopolitical stuff and recession odds climbing... it makes me wonder if we're seeing some fake strength here, just to trap people before a big drop. Like that UK inflation news they mentioned, is it really doing anything or is it just noise while the real money players are setting up for a dump? I keep looking at the charts, trying to see if it's like that oil situation where the fundamentals just didn't match the price action long term. Worried about going to sleep with a position open, honestly.
ETHUSD

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odavies210 PRO newbie Mar 25
That's a really good point, @georgewright. I hadn't thought about the oil comparison, but now that you mention it, the way ETHUSD is just sort of hovering and then having these little dips does feel a bit unpredictable, like it could turn at any moment. I'm worried about holding any position overnight with this kind of uncertainty. It's hard to know if it's building up to something or just going to stay quiet.
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