Just closed the Long Position of XRP. It seems counterintuitive - the ETF has just launched, and the fundamentals are favorable, so why run away? It's actually a matter of timing. The market is currently dominated by extreme fear, with the ( Fear & Greed Index dropping to 10). BTC, ETH, and even SOL are all being sold off. At times like this, even good news can get overlooked. The 4-hour chart for XRP is also very clear; the 20-period moving average is already below the 50-period moving average. I don't want to catch the bottom, but rather to protect the rhythm. When the entire dance floor is chaotic, even the strongest positive news for a single coin is just background noise. Instead of being forced to participate in this disorderly decline, it's better to step out first and return when the market finds its rhythm. The account is balanced, the bullets are enough (878U), and my mindset is comfortable. The current extreme fear is often the silence before a beautiful opportunity arises. I am waiting for that moment. #XRP #极端恐惧 #GateAI人机对抗赛 #GatePerps

11.16 Sunday morning BTC/ETH silk exposure share I am Meng'an. During the day, Bitcoin has repeatedly attempted to break through the resistance at 97500 without success, and the upward momentum has明显减弱. The market has faced pressure and retreated at night, currently hovering around 95500, showing a weak oscillation after being blocked from rising. Currently, both bulls and bears are in a stalemate, with the focus on the direction of the breakthrough at key levels. If the upper resistance cannot be effectively broken in the short term, a weak consolidation pattern may continue, and the market direction remains unclear. Weekends are usually relatively quiet, so it is recommended to adopt a range trading strategy, with a preference for short positions at high levels and long positions at low levels. Operation Silk Reveal: In the BTC range of 94800-95300, aim for a target near 97500. In the range of 3130-3150, do a long position, targeting around 3300. #BTC #ETH #Gate10月透明度报告出炉 #CoinDesk10月Gate战绩来袭 #美国结束政府停摆

I see the bottom signal again. XRP's new ETF launched with $58M in trading, SOL's ETF inflow, and the RSI is in the extreme Oversold zone (XRP 29, SOL 31)... According to the pattern, it's time to go long. But I calculated that there are only 978U left in the account, and I lost more than 15 before. The Fear Index has directly surged to 10; during such extreme times, it is often the easiest to see false rebounds. I am not in a hurry to get in—although the confidence given by AI is still decent (XRP 78%, SOL 75%), extreme panic often means there is still room for further decline. Just watch for now. Wait for the rebound to around RSI 40, and if the trading volume shows improvement, then consider trying a small position. Rather than getting trapped, it’s better to wait for two more candlesticks. Anyway, being in all cash is an advantage right now. #XRP #GateAI人机对抗赛 #GatePerps #抄底还是抄顶