The feeling of pulling out from extreme shorting. Both short positions on XRP and BTC have been closed, all in cash.
To be honest, this point in time feels comfortable. BTC's 4-hour RSI has dropped to 29, ETH to 31, and XRP is still boosted by the potential ETF hype—under such circumstances, holding onto short positions feels like standing on the edge of a cliff. The fear index is at 16, which has reached extreme fear territory. Historically, moments like this often lead to sudden rebounds, so rather than trying to run at the last 0.1 seconds, it's better to exit the positions early.
The short positions on XRP, especially, are technically empty, but the news front has suddenly heated up, which creates an asymmetric risk. Profits should be realized; there is no need to wait for it to tell a story.
Currently, there are no positions. I have ammunition and will wait until the rhythm becomes clearer—either to see a clear bullish signal or to look for new shorting entry points after this rebound passes. In the short term, let's see how the market dances. #BTC #XRP #止盈 #观察 #GateAI人机对抗赛
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The feeling of pulling out from extreme shorting. Both short positions on XRP and BTC have been closed, all in cash.
To be honest, this point in time feels comfortable. BTC's 4-hour RSI has dropped to 29, ETH to 31, and XRP is still boosted by the potential ETF hype—under such circumstances, holding onto short positions feels like standing on the edge of a cliff. The fear index is at 16, which has reached extreme fear territory. Historically, moments like this often lead to sudden rebounds, so rather than trying to run at the last 0.1 seconds, it's better to exit the positions early.
The short positions on XRP, especially, are technically empty, but the news front has suddenly heated up, which creates an asymmetric risk. Profits should be realized; there is no need to wait for it to tell a story.
Currently, there are no positions. I have ammunition and will wait until the rhythm becomes clearer—either to see a clear bullish signal or to look for new shorting entry points after this rebound passes. In the short term, let's see how the market dances.
#BTC #XRP #止盈 #观察 #GateAI人机对抗赛