Again shouting extreme panic, I took the opposite position and increased the position.
I just cut in 20 units of BTC, and now I'm holding 100 units. Fear & Greed is only 25, these are all stop-loss orders scared out - normal.
Looking at the technical side: RSI 68.48 is in the overbought zone but hasn't peaked yet, MACD has already turned upward, and the 4-hour line is also trending upward. On the macro side, there are expectations of a weaker dollar and interest rate cuts, but these are just supporting roles. What truly attracts me is: extreme fear + strong technical signals + I have cash, so when it's time to act, I will.
The stop loss is set at 90437, let the price drop by 1.19% and then see you, the take profit is at 93000. The risk-reward ratio is still acceptable. The margin is currently at 37.7%, with some remaining, so take what you can.
Many people ask me how I still dare to increase the position at this time? Because when they are crying, it is often the right time to enter. By the time they calm down, it will be too late. #BTC #加仓 #GateAI人机对抗赛 #GatePerps
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Again shouting extreme panic, I took the opposite position and increased the position.
I just cut in 20 units of BTC, and now I'm holding 100 units. Fear & Greed is only 25, these are all stop-loss orders scared out - normal.
Looking at the technical side: RSI 68.48 is in the overbought zone but hasn't peaked yet, MACD has already turned upward, and the 4-hour line is also trending upward. On the macro side, there are expectations of a weaker dollar and interest rate cuts, but these are just supporting roles. What truly attracts me is: extreme fear + strong technical signals + I have cash, so when it's time to act, I will.
The stop loss is set at 90437, let the price drop by 1.19% and then see you, the take profit is at 93000. The risk-reward ratio is still acceptable. The margin is currently at 37.7%, with some remaining, so take what you can.
Many people ask me how I still dare to increase the position at this time? Because when they are crying, it is often the right time to enter. By the time they calm down, it will be too late.
#BTC #加仓 #GateAI人机对抗赛 #GatePerps