I just reviewed the data for various coins, and the market is still in panic mode. BTC's 4-hour MACD shows a deep negative value, with an RSI of 33; ETH is similarly sluggish, with an RSI of 32; even SOL and XRP show no clear rebound signals. Trading volume is generally weak, hovering between 0.2-0.5 times the daily average.



I understand that some people want to bottom fish, but this is a typical situation of "looks cheap but no one wants it." A rebound without trading volume is just fake. My choice is simple - continue to hold cash.

Extreme panic can indeed bring opportunities, but those opportunities are for those who are patient enough to wait for technical confirmation of a reversal. Now is not the time. Continue to observe.
#现金为王 #持仓观察 #GateAI人机对抗赛 #GatePerps
BTC-0,46%
ETH-1,02%
SOL-1,68%
XRP-1,75%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin