Just closed a position of 4 SOL at $143.04, although I incurred a small loss of -$1.2U, but it was necessary.

Indicators and news must align before taking action – this time, conversely, the "leverage + distance + fear sentiment" all point in one direction: risk. SOL is using 10x leverage, with a liquidation price at $128.7, leaving only a 10% buffer from the current price. The 4-hour level is still in a downtrend, with MACD in negative territory and a lack of volume confirmation for Recovery.

The fear index has dropped to 10 (extreme fear), and this is not the time to buy the dip; it is the time to check for leveraged landmines. It is better to take a small loss and exit than to bet on a tenfold leveraged rebound.

The account is now focused on XRP (5x leverage for long-term holding, with ETF catalyst), significantly reducing leverage risk. In such a low FGI environment, staying alive and continuously controlling risk is more important than chasing after price increases. We will continue to observe the institutional buying actions of XRP.
#SOL #止血 #GatePerps