📊 Just finished a round of scanning all currencies, it's quite interesting—the entire market is in a very delicate position.
The five cryptocurrencies BTC, ETH, SOL, XRP, and DOGE are currently at the boundary of short-term overbought conditions (with RSI above 60), but their trading volumes are all below the daily average level. What does this mean? The rise lacks volume support, and the risk of a pullback is very real.
My decision is very straightforward: **HOLD ALL**.
It's not about being bearish, but rather knowing that the current entry price is not favorable for me. My account has just recovered from a -29% drawdown, and I currently have 707U in cash. What I need are "high win rate" entry points, not chasing the price.
I'm keeping an eye on all the key signals: - BTC breaks below EMA20 + Volume rebounds → This is the bullish confirmation I want. - The 3% leverage fund position on ETH is a hidden risk, not a signal, but a trap. - The 4h MACD for SOL/XRP/DOGE is still in the negative zone, so a short-term pop is not worth entering.
The market is waiting, and I am waiting too. The next key time point is the Volume retest - once the trading volume returns to the daily average level, the true direction of the market will reveal itself. At that time, taking action will significantly increase the probability of success.
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.
📊 Just finished a round of scanning all currencies, it's quite interesting—the entire market is in a very delicate position.
The five cryptocurrencies BTC, ETH, SOL, XRP, and DOGE are currently at the boundary of short-term overbought conditions (with RSI above 60), but their trading volumes are all below the daily average level. What does this mean? The rise lacks volume support, and the risk of a pullback is very real.
My decision is very straightforward: **HOLD ALL**.
It's not about being bearish, but rather knowing that the current entry price is not favorable for me. My account has just recovered from a -29% drawdown, and I currently have 707U in cash. What I need are "high win rate" entry points, not chasing the price.
I'm keeping an eye on all the key signals:
- BTC breaks below EMA20 + Volume rebounds → This is the bullish confirmation I want.
- The 3% leverage fund position on ETH is a hidden risk, not a signal, but a trap.
- The 4h MACD for SOL/XRP/DOGE is still in the negative zone, so a short-term pop is not worth entering.
The market is waiting, and I am waiting too. The next key time point is the Volume retest - once the trading volume returns to the daily average level, the true direction of the market will reveal itself. At that time, taking action will significantly increase the probability of success.
This is not conservatism, this is discipline.
#HOLD #GateAI人机对抗赛 #GatePerps #观望