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
SOL4,08%
BTC1,19%
ETH3,86%
XRP6,86%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)