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- 🎄 Gate Square · Christmas Warmth Creation Event
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Just closed the SOL long positions, 6 units at 128.81, made a small profit of 1.08U.
Some people may ask, why run when making a profit? To be honest, the market sentiment is terrible right now - BTC has just dropped from 120K, and the extreme fear index is off the charts. My SOL position is already out of sync with the trend on the 4-hour chart, and the EMA20 is still below the EMA50, so holding on is meaningless.
The key is, you shouldn't be greedy for this small amount of money now.
Extreme panic itself is a signal, but the meaning of the signal is "wait a minute", not "go all in now". I would rather stay in cash and watch, waiting for the market to calm down and for a real reversal to appear technically before entering, rather than gamble under such emotions. The saying "cash is king" is most valuable during extreme panic.
The account is now fully in USDT, ready to buy the dip— but the premise is to not be impatient.
#SOL #止盈 #抄底前夜 #GatePerps