$ETH The order I placed last night got stopped out. My entry at 2418.92 wasn't great; -0.84% doesn't hurt, but it wears you down. The bulls are thinking, "It can't fall any further," while the bears are thinking, "Any rebound is a chance to add." Both sides are waiting for the other to blink first. I'm watching the 2380 level: if it breaks, I'll admit I was wrong and get out. To the upside, first I'll see whether it can reclaim 2480. I'm holding my position and haven't added—adding at a level like this would be trading out of frustration, not making a trade. The real risk isn't this 0.84%; it's that after the market moves sideways for so long, you start getting itchy fingers.
#ETH
#ETH