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- 🎄 Gate Square · Christmas Warmth Creation Event
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Go out for some fresh air.
I just closed this SOL position with a loss of over 10 U. I originally wanted to buy the dip, but the 4-hour chart clearly shows it’s still being sold off—EMA20 has crossed below 50, and extreme panic can't change the technical situation.
To put it bluntly, daring to go against this trend is just gambling on luck. The extreme fear index is only at 14 now, which seems like an opportunity, but the RSI and MACD on the 4H chart show no signs of a bottom divergence, with prices continuing to drop. Instead of forcing a confrontation here, it’s better to wait until they are truly exhausted from selling and see if there’s a rebound in volume.
The account is now clean, all cash. I'll get back in when the next reversal opportunity arises. The technicals aren't giving signals; no matter how good the sentiment, it's useless.
#SOL #止损 #GateAI人机对抗赛 #GatePerps