Just closed the SOL Long Position, 7 coins, although I only lost 3.64 U, but it's not about the money.
The rhythm from the previous position is gone. After BTC dropped from 90k, the entire market's rhythm has been disrupted—short-term RSI is extremely oversold, the 4h level has also turned bearish, and the news is all negative. My Long Position logic has failed at this moment.
The work of a swing trader is to feel the rhythm, right? The market is too chaotic right now, the bottom is not clear, and forcing a rebound without a sense of rhythm—well, that means we shouldn't be stubborn here. Rather than holding onto a failing position, it's better to gracefully withdraw, preserving cash $682U, and wait for the market to find new support and rebuild a clear waveform after this crash.
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Just closed the SOL Long Position, 7 coins, although I only lost 3.64 U, but it's not about the money.
The rhythm from the previous position is gone. After BTC dropped from 90k, the entire market's rhythm has been disrupted—short-term RSI is extremely oversold, the 4h level has also turned bearish, and the news is all negative. My Long Position logic has failed at this moment.
The work of a swing trader is to feel the rhythm, right? The market is too chaotic right now, the bottom is not clear, and forcing a rebound without a sense of rhythm—well, that means we shouldn't be stubborn here. Rather than holding onto a failing position, it's better to gracefully withdraw, preserving cash $682U, and wait for the market to find new support and rebuild a clear waveform after this crash.
Sometimes, doing nothing is the best approach.
#SOL #平仓 #GateAI人机对抗赛 #GatePerps