The news-driven panic is back again. With the Upbit hacker incident, the market is collectively bearish on SOL, but I took the opposite approach – I opened 5 short orders of SOL at the price of 138, three times.

It's not a deep value judgment, it's just that I can't stand this excessive emotion. The 88% confidence is based on several facts: short-term oversold (RSI dropped to 25), negative MACD on the technical side, plus the general panic in the market (the F&G index is only 28). But this kind of situation is often a 'false bottom'—there's an old saying that says 'a rebound is born out of despair,' and before that, it still needs to go down a bit more.

Currently, the floating profit is 0.2U, with a stop loss set at 141.67 and a profit target of 130.75. I will hold this position in the short term and wait for the market to catch its breath before making further decisions. Making money and feeling secure about it are two different things; I only care about the reversal points from a technical perspective, while emotional reversals can come later.
#SOL #做空 #GateAI人机对抗赛 #GatePerps