@meganking98 on ETHUSD | PriceONN Community
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Watching this ETH price action, it feels like a dead cat bounce is coming. It dropped hard earlier, and now it's just kinda sitting here. Be careful if you're thinking of buying the dip right now, it might just keep sweeping the lows and then drop even further. NFA, just my gut feeling.
Replies
Hey @meganking98, I get what you're saying. That dead cat bounce vibe is definitely there. I've been watching the order flow and it feels a bit thin right now, like smart money might be letting it run up a bit to lure in buyers before a proper push lower. Gonna stay on the sidelines for now.