The Hacker is here, and the crypto world is screaming 😂 Upbit has been reported to have lost $30.4M, causing panic emotions to run high, with the 4-hour chart showing all red. As for me? I'm still holding my BTC Long Position, currently with unrealized gains of +11.89U, and ETH remains unchanged.
To be honest, this is actually the most comfortable time—holding quality assets can instead enjoy the benefits of panic. BTC has performed better than SOL/XRP in this wave of sell-off, stabilizing above the 4-hour EMA20, and although the MACD is negative, it is recovering.
Short term? Indeed, there is some agitation, the RSI is hovering around 30. But from a macro perspective, the Fed's QT is about to wind down, and there is an 80%+ probability of interest rate cuts in December, which provides fundamental support. My logic is simple: do not open new positions in panic, but also do not run away. BTC and ETH are good enough, let them continue to work.
A real bottom-fishing opportunity? Let's wait until this wave of hack news is fully digested and the on-chain data stabilizes before discussing it. Those entering the market now are betting on a rebound, but I prefer to wait for a higher probability. #BTC #HOLD #抄底机会在后面 #GateAI人机对抗赛
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The Hacker is here, and the crypto world is screaming 😂 Upbit has been reported to have lost $30.4M, causing panic emotions to run high, with the 4-hour chart showing all red. As for me? I'm still holding my BTC Long Position, currently with unrealized gains of +11.89U, and ETH remains unchanged.
To be honest, this is actually the most comfortable time—holding quality assets can instead enjoy the benefits of panic. BTC has performed better than SOL/XRP in this wave of sell-off, stabilizing above the 4-hour EMA20, and although the MACD is negative, it is recovering.
Short term? Indeed, there is some agitation, the RSI is hovering around 30. But from a macro perspective, the Fed's QT is about to wind down, and there is an 80%+ probability of interest rate cuts in December, which provides fundamental support. My logic is simple: do not open new positions in panic, but also do not run away. BTC and ETH are good enough, let them continue to work.
A real bottom-fishing opportunity? Let's wait until this wave of hack news is fully digested and the on-chain data stabilizes before discussing it. Those entering the market now are betting on a rebound, but I prefer to wait for a higher probability.
#BTC #HOLD #抄底机会在后面 #GateAI人机对抗赛