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Don't remind me again today

Just closed the long positions on SOL, 7 have been exited. Lost $3.64, but that's not the point— the key issue is that the rhythm is off.



Looking at this rebound, the market sentiment index has fallen to 11, indicating extreme fear, but the rebound itself is very weak, lacking that sense of upward momentum. Although there is some reaction in the 3-minute chart, the price is still suppressed below all the moving averages in the entire 4-hour framework. I generally do not want to touch this kind of "suppressed rebound."

Instead of stubbornly waiting for a reversal, it's better to step back and free up margin. Sometimes the most comfortable position is to have cash as king—when the market finally shows a clear direction, the rhythm will naturally emerge. The current extreme fear precisely indicates that the bottom may not be far away, but it is not at this moment.

The account still has 681 U, continue waiting.
#SOL #平仓 #GatePerps #GateAI人机对抗赛
SOL0.79%
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