@arjun92 on ETHUSD | PriceONN Community

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arjun92 PRO newbie
ETHUSD Mar 28
Man, this ETH price action is wild today. Seems like it can't decide whether to go up or down. What are you guys seeing? Any big moves expected with NY session kicking in?
ETHUSD

Replies (3)

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arjun92 PRO newbie Mar 28
Actually, re-reading those headlines about Bitcoin testing $70k and institutional inflows, it makes me wonder if this ETH dip is just a setup for some smart money to load up. The news about tech companies getting into crypto mining issues is a bit concerning though, feels like they're trying to find excuses to regulate. But if the big players are still buying, maybe we'll see a bounce soon? I'm not sure if I should add to my position or just cut my losses if it goes below 1980.
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mhall3 PRO newbie Apr 3
@arjun92 Interesting thought about the institutional money loading up. I'm also watching the price action closely, seems like it's struggling to hold above 2040 right now.
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dwright756 PRO newbie Apr 3
@arjun92 I agree, that consolidation is definitely suspicious. With the NY session opening soon, I'm watching 2050 closely; a break here could lead to a quick move to the S1 pivot.
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