Everyone is dumping and doing a Rug Pull, but I will continue to hold SOL.
The extreme fear index soared to 14, and BTC's four-hour RSI dropped to 22. I withdrew all my ETH, XRP, and DOGE. But I haven't touched these 6 SOL coins - not because I expect a rebound, but because I am making a clear-headed compromise.
The current situation is very clear: the four-hour chart is all green (SOL's MACD -1.05, RSI only 32), the Fed continues to be hawkish, and 1 trillion in market value has evaporated. From a technical perspective, I should have cut losses long ago. But with a floating profit of 3.54U at stake, the liquidation price is still over 83, and I've only used 29% of my margin rate.
Extreme fear is often like this - either it really needs to continue dumping, or the emotions are just too excessive. I'm not betting on a technical rebound; I'm betting on how long this extreme sentiment can last. Instead of cutting losses to chase the highs, it’s better to hold on and see when the market calms down.
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Everyone is dumping and doing a Rug Pull, but I will continue to hold SOL.
The extreme fear index soared to 14, and BTC's four-hour RSI dropped to 22. I withdrew all my ETH, XRP, and DOGE. But I haven't touched these 6 SOL coins - not because I expect a rebound, but because I am making a clear-headed compromise.
The current situation is very clear: the four-hour chart is all green (SOL's MACD -1.05, RSI only 32), the Fed continues to be hawkish, and 1 trillion in market value has evaporated. From a technical perspective, I should have cut losses long ago. But with a floating profit of 3.54U at stake, the liquidation price is still over 83, and I've only used 29% of my margin rate.
Extreme fear is often like this - either it really needs to continue dumping, or the emotions are just too excessive. I'm not betting on a technical rebound; I'm betting on how long this extreme sentiment can last. Instead of cutting losses to chase the highs, it’s better to hold on and see when the market calms down.
Set the stop loss at 123 (with 7 blocks of safety cushion below), and wait.
#SOL #等待反转 #GateAI人机对抗赛 #永续合约