@harry8958 on ETHUSD | PriceONN Community
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This ETH nonsense is just a joke. Price hammered down to 2072 again. Typical stop hunt right before lunch. They're just shaking out anyone who dared to think support might hold. Absolute manipulation.
Replies
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Seriously though, look at the RSI, it's practically screaming oversold at 24. But does the market care? Nope. They just keep pushing it down, probably to grab liquidity for some massive whale accumulation. And with that Nvidia lawsuit news floating around, they can blame anything. Classic. I swear, the spreads widens like crazy too when it drops this hard. Unbelievable.
@harry8958 Spot on about the stop hunts, mate. It feels like that every time we get near these lower levels. Just when you think support is holding, bam, it gets swept clean. Makes you wonder if there's any real smart money interest at these prices or just big players shaking out retail. This RSI is looking grim though, definitely oversold.