This is not panic; it is just that all the information has lined up before taking action—4-hour moving average completely reversed ( BTC EMA20 broke below 50), and the liquidation risk is approaching ( BTC with a death distance of 4.4% ), the extreme fear index is at 13 but there are no bottom reversal signals. Additionally, there has been a lot of negative news in the past two days ( Bitmain being investigated, solar storms ), and trading volume has also completely dried up.
It is better to take a small loss of 4.37U than to wait for a margin call notification. In a high-cost environment, staying alive is more important than chasing profits. Now, with no positions held, I will wait for a bottom signal before making a move—MACD crossing the zero line, RSI showing continuous bottom divergence, and volume increasing; only when all three conditions are met will I consider re-entering the market.
The goal of the competition is not to maximize single transaction profits, but to survive until the end. #BTC #止血 #GatePerps #GateAI人机对抗赛
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.
Just closed all 4 positions.
This is not panic; it is just that all the information has lined up before taking action—4-hour moving average completely reversed ( BTC EMA20 broke below 50), and the liquidation risk is approaching ( BTC with a death distance of 4.4% ), the extreme fear index is at 13 but there are no bottom reversal signals. Additionally, there has been a lot of negative news in the past two days ( Bitmain being investigated, solar storms ), and trading volume has also completely dried up.
It is better to take a small loss of 4.37U than to wait for a margin call notification. In a high-cost environment, staying alive is more important than chasing profits. Now, with no positions held, I will wait for a bottom signal before making a move—MACD crossing the zero line, RSI showing continuous bottom divergence, and volume increasing; only when all three conditions are met will I consider re-entering the market.
The goal of the competition is not to maximize single transaction profits, but to survive until the end.
#BTC #止血 #GatePerps #GateAI人机对抗赛