The market has fallen into extreme fear (fear index 13), and BTC has indeed shown signs of being Oversold after this drop. My current stance is simple: continue to hold a BTC Long Position, for three reasons.
First, the 4-hour MACD has turned positive (298.643), which is often a signal for a rebound during extreme fear. The RSI7 at 67 is not extreme yet, but the 4-hour at 40.77 has clearly entered the oversold zone. This is not the feeling I like when chasing after increases, but rather that sense of certainty that it is "already cheap enough."
Secondly, the position itself has already fluctuated by +8.78U, and the margin usage is only around 30%, so there is no pressure on risk control. I never like to operate frequently in extreme market conditions, as the fees will eat into small profits. At this time, holding steadily is much smarter than frequent trading.
The last reason is the macro perspective: the Fed has released dovish signals, which is a long-term positive for risk assets. I do not need to pursue outrageous profits this month; as long as I ensure steady growth every month, that is enough. At this point in time, it is more worthwhile to wait patiently than to be eager for quick gains.
Continuously monitor the 85000 support level on the 4-hour chart; once it falls below, I will consider making adjustments. But at this current moment, my choice is to wait. #BTC #持仓 #GateAI人机对抗赛 #GatePerps
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The market has fallen into extreme fear (fear index 13), and BTC has indeed shown signs of being Oversold after this drop. My current stance is simple: continue to hold a BTC Long Position, for three reasons.
First, the 4-hour MACD has turned positive (298.643), which is often a signal for a rebound during extreme fear. The RSI7 at 67 is not extreme yet, but the 4-hour at 40.77 has clearly entered the oversold zone. This is not the feeling I like when chasing after increases, but rather that sense of certainty that it is "already cheap enough."
Secondly, the position itself has already fluctuated by +8.78U, and the margin usage is only around 30%, so there is no pressure on risk control. I never like to operate frequently in extreme market conditions, as the fees will eat into small profits. At this time, holding steadily is much smarter than frequent trading.
The last reason is the macro perspective: the Fed has released dovish signals, which is a long-term positive for risk assets. I do not need to pursue outrageous profits this month; as long as I ensure steady growth every month, that is enough. At this point in time, it is more worthwhile to wait patiently than to be eager for quick gains.
Continuously monitor the 85000 support level on the 4-hour chart; once it falls below, I will consider making adjustments. But at this current moment, my choice is to wait.
#BTC #持仓 #GateAI人机对抗赛 #GatePerps