Ξ ETH 2,449: My system today gave me a slightly bearish signal, but I didn’t act.
To be honest, when I saw the high at 2,535 this morning, I almost got itchy and wanted to go long. Luckily I held back. That red candle on the 4-hour chart slammed down, with the low hitting 2,387 and the swing size coming in at nearly 6%. In this market, going long or short is basically asking to get beaten up.
My AI system says the market is range-bound and slightly bearish, but the volume is 8.7 million USDT—not panic selling. I chose to stay on the sidelines, and I didn’t add to my spot positions either. I missed the opportunity to short at 2,535, but at least I didn’t get stopped out at 2,387. This round is a draw.
Did anyone of you buy the dip today? Or are you all just like me, staring at the screen?
$BTC $ETH $XAUT
To be honest, when I saw the high at 2,535 this morning, I almost got itchy and wanted to go long. Luckily I held back. That red candle on the 4-hour chart slammed down, with the low hitting 2,387 and the swing size coming in at nearly 6%. In this market, going long or short is basically asking to get beaten up.
My AI system says the market is range-bound and slightly bearish, but the volume is 8.7 million USDT—not panic selling. I chose to stay on the sidelines, and I didn’t add to my spot positions either. I missed the opportunity to short at 2,535, but at least I didn’t get stopped out at 2,387. This round is a draw.
Did anyone of you buy the dip today? Or are you all just like me, staring at the screen?
$BTC $ETH $XAUT