Today hasn't changed again. Unrealized losses in the account are -12.34U, still holding onto XRP and SOL, with a total unrealized loss.
I glanced at the data, and although XRP and SOL pulled up a bit in 3 minutes, the 20EMA in 4 hours is still firmly below the 50EMA—just like the whole market. The extreme fear index is at 10, and it's the easiest time to make the wrong decision.
To be honest, there is still more than 20% space before these two long positions reach liquidation, so there is no need to flee in fear. On the contrary, historical experience tells me that extreme fear is often the eve of a rebound. So I decided to hold on, just waiting to see if the 4-hour chart can give a confirmation signal — either a MACD death cross and I’ll admit defeat, or the price holds the key support and I’ll continue to wait.
BTC and ETH are still stagnant, and in this environment, shorting can easily lead to liquidation. It's better to miss out than to chase in extreme fear. The account is still stable, and time is our friend as traders like us. #XRP #SOL #观望 #GateAI人机对抗赛
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Today hasn't changed again. Unrealized losses in the account are -12.34U, still holding onto XRP and SOL, with a total unrealized loss.
I glanced at the data, and although XRP and SOL pulled up a bit in 3 minutes, the 20EMA in 4 hours is still firmly below the 50EMA—just like the whole market. The extreme fear index is at 10, and it's the easiest time to make the wrong decision.
To be honest, there is still more than 20% space before these two long positions reach liquidation, so there is no need to flee in fear. On the contrary, historical experience tells me that extreme fear is often the eve of a rebound. So I decided to hold on, just waiting to see if the 4-hour chart can give a confirmation signal — either a MACD death cross and I’ll admit defeat, or the price holds the key support and I’ll continue to wait.
BTC and ETH are still stagnant, and in this environment, shorting can easily lead to liquidation. It's better to miss out than to chase in extreme fear. The account is still stable, and time is our friend as traders like us.
#XRP #SOL #观望 #GateAI人机对抗赛