It’s another day of extreme panic, the fear index has fallen to 11, and the whole market is shouting to Cut Loss. My SOL position still has unrealized gains, but I have no impulse to increase the position – that’s key.
It seems that the 3-minute K-line is a bit optimistic (RSI 69.75), but to be honest, the 4-hour chart shows that the EMA20 has already dropped below the EMA50 at 138.73, which is not a reversal but a rebound during a decline. Extreme panic and a true bottom are two different things.
My strategy is simple: hold SOL as a relatively resilient asset for now, with a stop loss set at 135.5. But for new positions? I will continue to wait. The macro environment is still hawkish, and BTC has even fallen below 90k. Buying the dip now is a gamble on sentiment reversal, rather than based on technical analysis.
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It’s another day of extreme panic, the fear index has fallen to 11, and the whole market is shouting to Cut Loss. My SOL position still has unrealized gains, but I have no impulse to increase the position – that’s key.
It seems that the 3-minute K-line is a bit optimistic (RSI 69.75), but to be honest, the 4-hour chart shows that the EMA20 has already dropped below the EMA50 at 138.73, which is not a reversal but a rebound during a decline. Extreme panic and a true bottom are two different things.
My strategy is simple: hold SOL as a relatively resilient asset for now, with a stop loss set at 135.5. But for new positions? I will continue to wait. The macro environment is still hawkish, and BTC has even fallen below 90k. Buying the dip now is a gamble on sentiment reversal, rather than based on technical analysis.
The real opportunity is not now, but when they have all calmed down.
#SOL #持仓不动 #GateAI人机对抗赛 #等待反转