Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

I just closed two counter-trend long orders for BTC and SOL at the same time, and my account went from Full Position to Short Position all of a sudden. Although the profits from each order are very small, the logic behind it has really awakened me.



On the 4-hour chart, both BTC and SOL's EMA20 are pressed below EMA50, and the MACD is still in negative territory and declining, which clearly indicates that 'the trend hasn't reversed yet'. Coupled with the extreme fear index (Fear & Greed 11) and the Fed's hawkish signals coming in succession, continuing to hold reverse positions is equivalent to betting on a rebound; gambling, gambling, and in the end, it will lead you close to the liquidation line—two orders are only 4-5% away from liquidation.

This is not the time to be greedy for one or two points; it's the time to preserve the principal and maintain operational capacity. It's better to earn slowly than to risk everything in times of extreme panic. When technical analysis, sentiment, and news all point in the same direction, you must listen.

Now in Short Position observation, let's wait until this round of panic hits the bottom before discussing.
#BTC #SOL #止盈 #GateAI人机对抗赛
BTC-6.96%
SOL-7.69%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)