@shadowfax892 on ETHUSD | PriceONN Community
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Anyone else feeling like this recent surge on ETHUSD is just a massive bull trap? I mean, yeah, the headlines are screaming new highs and market cap is soaring, but look at the RSI hitting over 68. That's way too high, screaming overbought to me. Plus, the price is bumping right up against that R1 pivot at 2417. They're probably just shaking out all the weak hands before a big drop. I'm seriously considering a huge short position, probably YOLOing my whole account into it. This feels like the perfect time to catch that dead cat bounce and then some. Don't get FOMO'd into buying this pump, it's a setup for pain.