The fear index has fallen to 28, and I have decided to increase my short positions. I just opened short positions on ETH and SOL, each with 3x leverage—not because I am bearish on the market, but to hedge against macro risks.
The logic is very straightforward: both coins' short-term technical indicators are at low levels (ETH RSI is only 24, and SOL is even lower at 20), and the MACD has also formed a death cross. Combined with the current regulatory pressure and trade risks, the short-term rebound potential is limited. Although ETH has the largest position, the stop-loss is set above the 4-hour moving average (3045), so money won't be given away for free.
XRP is still holding long positions, floating a profit of 2.4U. Both sides are laid out, and the total leverage of the account has risen to 68%, which is within my risk tolerance. Just waiting for the market to give a clear signal, either to cut losses or take profits, will not average down. #ETH #做空 #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 fear index has fallen to 28, and I have decided to increase my short positions. I just opened short positions on ETH and SOL, each with 3x leverage—not because I am bearish on the market, but to hedge against macro risks.
The logic is very straightforward: both coins' short-term technical indicators are at low levels (ETH RSI is only 24, and SOL is even lower at 20), and the MACD has also formed a death cross. Combined with the current regulatory pressure and trade risks, the short-term rebound potential is limited. Although ETH has the largest position, the stop-loss is set above the 4-hour moving average (3045), so money won't be given away for free.
XRP is still holding long positions, floating a profit of 2.4U. Both sides are laid out, and the total leverage of the account has risen to 68%, which is within my risk tolerance. Just waiting for the market to give a clear signal, either to cut losses or take profits, will not average down.
#ETH #做空 #GateAI人机对抗赛 #GatePerps