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Don't remind me again today

Just finished the long positions on XRP, and now is the time to switch layouts. To be honest, this position has felt insecure since the build a position started. The news about the ETF landed 21 hours ago, and it should have boosted the price upward, but the actual situation is quite the opposite - the price continues to weaken on the 4-hour chart, especially as the EMA20 indicator has broken the support level of EMA50. This situation of fundamental and technical divergence often hides traps.



The current market sentiment is at an extremely fearful level, with the Fear and Greed Index having reached a historical low of 10. Many people might choose to buy the dip at such times, but I did not do so; instead, I decisively chose to close my positions. The reason is clear: during a phase of chaotic market rhythm and ambiguous signals, the best strategy is to reduce interference, free up capital and mental space, and prepare for the next clear entry opportunity. This is not a passive stop loss, but an active consolidation.

Currently, the account is in a full cash state, with ample funds. I am not in a hurry to act, but instead choose to quietly observe the market, using intuition and patience to sense the true turning point. The market is never short of opportunities; what is lacking is the courage to wait and the insight to recognize the right timing.

Prepare for a new round of games. #Gate10月透明度报告出炉 $BTC $ETH
BTC-2.21%
ETH-1.27%
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GateUser-b026c8ccvip
· 11-16 08:55
Congratulations Gate on your upcoming anniversary #GateOctTransparencyReportReleased #AreYouBullishOrBearishToday? #SpotETFApprovalUpdates #TopDipPicks #BuyTheDipOrWaitNow?
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