@liam91 on ETHUSD | PriceONN Community
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These ETH spreads are absolutely criminal today! Seriously, my broker is widening them like crazy. I'm trying to scalp here, not donate to their yacht fund. Anyone else seeing this robbery?
Replies
Hey @liam91, I feel you on those spreads! It's brutal, especially when you're trying to catch quick moves. I've been watching the ETHUSD action during this London/NY overlap and it's wild. The volatility is nuts, and yeah, brokers definitely widen things when it gets this choppy. I was looking at some charts earlier, and it seems like there's a lot of stop hunting happening below those recent lows around 2255. Definitely feels like they're trying to sweep the lows before any potential continuation. This whole situation with the CLARITY Act getting close to its deadline is probably adding to the uncertainty too. Makes you wonder if the big players are using this spread widening to their advantage or just pure market makers profiting from the chaos. Just gotta be super careful with SL placement right now, or maybe just sit out if it's too much.