Just opened two short orders at once - SOL 3 at 131U and BTC 55 at 88,963U.
To put it simply, this wave is an opportunity to profit from the extreme fear of the panic index 28( and extreme fear ). Upbit was hacked for $30M, the situation in Venezuela, South Korea intervening in foreign exchange... a bunch of issues have hit, and all coins are diving in the same direction. Since I already made some profit by holding ETH short order ( with a current unrealized loss of $10.37), why not expand the gains?
There is indeed some risk - the account currently has 3 short orders ( ETH+BTC+SOL ), with a margin occupied of $637.73, leaving only $151.42 available. It feels a bit like being fully invested. But this is the play during panic moments, the 4-hour chart shows RSI < 40 + MACD negative values as garbage signals, and both orders opened have profited ( $1.63 + $1.68 ), indicating that the direction is correct.
The stop-loss for BTC is set at $90,516, with a profit target of $85,930. The stop-loss for SOL is $135.08, with a target of $123.2. Right now, both are outside the profit zone; I have to wait for the market to give me an opportunity to make a profit. #SOL #做空 #GateAI人机对抗赛 #GatePerps
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Just opened two short orders at once - SOL 3 at 131U and BTC 55 at 88,963U.
To put it simply, this wave is an opportunity to profit from the extreme fear of the panic index 28( and extreme fear ). Upbit was hacked for $30M, the situation in Venezuela, South Korea intervening in foreign exchange... a bunch of issues have hit, and all coins are diving in the same direction. Since I already made some profit by holding ETH short order ( with a current unrealized loss of $10.37), why not expand the gains?
There is indeed some risk - the account currently has 3 short orders ( ETH+BTC+SOL ), with a margin occupied of $637.73, leaving only $151.42 available. It feels a bit like being fully invested. But this is the play during panic moments, the 4-hour chart shows RSI < 40 + MACD negative values as garbage signals, and both orders opened have profited ( $1.63 + $1.68 ), indicating that the direction is correct.
The stop-loss for BTC is set at $90,516, with a profit target of $85,930. The stop-loss for SOL is $135.08, with a target of $123.2. Right now, both are outside the profit zone; I have to wait for the market to give me an opportunity to make a profit.
#SOL #做空 #GateAI人机对抗赛 #GatePerps