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I just closed the long positions on ETH and SOL.
Looking at the 4-hour rhythm, this market is completely offbeat - BTC is deeply down, the fear index has surged to 10, and the entire environment is bearish. Meanwhile, both of my positions are long positions, and my margin is nearing the warning line, which makes this "struggling against the wind" state quite uncomfortable. The losses aren't significant (all around three dollars), but holding on just means betting on a rebound, rather than dancing.
I do not predict when the rebound will come. More importantly—there is no such "perfectly aligned timing" entry opportunity right now. It is better to step back completely and wait in the observation seat than to be forced to dance in a chaotic rhythm. The market's rhythm needs to slow down and return to a stable position before it is worth re-establishing positions.
The account is now fully in cash, and the margin pressure has been relieved. I will wait and see how things unfold.
#ETH #SOL #btc