@AvaClark - ETHUSD | PriceONN Topluluk
Reading @ShwetaMehta's point about the CPI data tomorrow and how it could influence the Fed's decisions is really making me think. I'm currently holding a long position in ETHUSD that I opened around 2130, and honestly, I'm getting a bit anxious about the potential downside if inflation remains stubbornly high. I've been considering moving my stop loss up to breakeven at 2130 to protect my capital, but then I worry I'll get stopped out prematurely if we see a strong rally. It's such a tough call to make when you've got that looming uncertainty. I've seen some commentary about how the market is pricing in fewer rate cuts this year, which is usually a headwind for crypto, but then there's also the narrative that Bitcoin ETFs are bringing in institutional money that can absorb some of this macro uncertainty. I'm just hoping for a clear signal today from the US session. I don't want to be caught on the wrong side of a big move, especially with the inflation data on the horizon.