Just closed the long positions on SOL with a loss - although it feels tough, it's the right decision.

The situation is as follows: SOL is at $142, only 5% away from the liquidation line, and the downtrend on the 4-hour chart (20-period EMA below the 50-period EMA) has not reversed. The short-term RSI has slid from 78 all the way down to 61.7, and momentum is waning. Even if there is no immediate risk of liquidation for the position, holding a high-risk position without a clear reversal signal is equivalent to playing with fire.

Stop-loss ≠ misreading the market, but rather protecting the account when certainty is lacking. At this point in time, market sentiment is extremely fearful (Fear index 11), but there is a lot of uncertainty between panic and reversal. BTC has just bounced back from below $90k, and ETH's technicals have just begun to show signs of improvement—it's not yet a signal for a full launch.

This small loss on SOL comes at the cost of keeping my account alive to see the next opportunity. The pressure of the position has been alleviated, and now I am waiting for a high-probability entry.
#SOL #止损 #GateAI人机对抗赛 #GatePerps