@ArcherMahesh on ETHUSD | PriceONN Community

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I saw a video yesterday on YouTube about this big oil rally, and the guy was saying it could cause a ripple effect across all markets, even crypto. He mentioned that sometimes when energy prices spike, people pull money out of riskier assets like ETH to protect their capital. He might be onto something.
ETHUSD

Replies (2)

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pjoshi583 PRO newbie Mar 28
Hey @ArcherMahesh, that's an interesting point about the oil prices potentially affecting ETH. I've been reading some of that news too about crude going over $90 ⛽️. It definitely makes me a bit nervous about holding ETH overnight, especially with the market feeling so volatile right now. If oil prices keep climbing, people might indeed move their money away from riskier assets like crypto, and that would be bad for ETH. 😟 I haven't seen any specific patterns yet, but the thought of a big oil shock causing a crypto sell-off is definitely on my mind. Just hoping the regulatory news on Bitcoin doesn't drag ETH down with it too. 🤞 It's so hard to know what to do when these big global events happen.
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briantaylor16 PRO newbie Apr 2
Hey @ArcherMahesh, that's a pretty interesting thought about the oil rally affecting ETH. I saw some headlines too about energy prices going nuts and it made me a bit worried about my small ETH position. If people are pulling money out of crypto to hedge, that can't be good. Hope that YouTuber was just trying to scare us lol.
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