@dThompson95 - ETHUSD | PriceONN Topluluk
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The overall market feels incredibly risk-off right now. Concerns about inflation and potential interest rate hikes are weighing heavily on ETHUSD. I'm seeing significant fear in the market, with many traders closing positions and moving to the sidelines. While a short-term bounce is possible, the underlying bearish sentiment suggests that any rallies will be short-lived. I'll be watching for signs of capitulation before considering any long positions. For now, I'm sticking with my short bias and focusing on risk management. A close above 2000 could change things but I'm not holding my breath.