@ocampbell703 on ETHUSD | PriceONN Community
This current drop in ETHUSD looks pretty concerning. It's gone down quite a bit in a short period. I'm wondering if this is just a temporary dip or if it's going to continue falling. Sometimes these big drops can fool people into thinking it's a great buying opportunity, but it might just be the start of a bigger move downwards. I'm hesitant to jump in either way right now.
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Yeah, I'm really worried about being caught in a bear trap if I try to short this now. But then again, if I don't, I might miss a huge opportunity if it truly starts to tank. It's hard to know when to enter or exit when things move this fast. My initial thought was that maybe it would bounce around the 2050 area, but that seems to be breaking too now. I'm just watching my balance shrink and it's not a good feeling at all. Maybe I should just get out now before it gets worse? I don't want to lose more than I have to.