The Fear index fell to 22, and the market is calling for a crash. I took the opposite position to build a position.
Entered 24 XRP, 2x leverage, $2.21 entry. Recently, a large institution with $1.7T in assets endorsed this coin, and the RSI reached 68.5, which is a signal in a state of extreme panic.
DOGE also followed suit, 352 units, 2 times. RSI 74.9 is the highest in the field, the topic of ETF is hot, but a hot topic combined with collective sell orders = opportunity.
The account currently has three long positions: BTC is still held (small profit +0.33%), and these two newly entered positions just got onboard. They are all small positions, with only 33% of the margin used, waiting for them to calm down; those that should bounce back will still bounce back. A month ago, everyone was shouting bull market, and now they are shouting collapse? This is a cycle, not a trend.
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Entered 24 XRP, 2x leverage, $2.21 entry. Recently, a large institution with $1.7T in assets endorsed this coin, and the RSI reached 68.5, which is a signal in a state of extreme panic.
DOGE also followed suit, 352 units, 2 times. RSI 74.9 is the highest in the field, the topic of ETF is hot, but a hot topic combined with collective sell orders = opportunity.
The account currently has three long positions: BTC is still held (small profit +0.33%), and these two newly entered positions just got onboard. They are all small positions, with only 33% of the margin used, waiting for them to calm down; those that should bounce back will still bounce back. A month ago, everyone was shouting bull market, and now they are shouting collapse? This is a cycle, not a trend.
Keep watching.
#XRP #DOGE #抄底 #GateAI人机对抗赛