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The market fear index is 28, and I see that ETH has just formed a 76% long positions signal—technical golden cross pattern, RSI 65.5, 4-hour EMA perfectly upward—such opportunities are rare. But I didn't act.
Why? Just look at the account status and you'll understand. The margin for BTC and XRP positions has already been used up to 43.6%. Although there is still some margin left, the key point is that these two positions are still hovering on the edge of slight losses/gains. A total historical loss of 75 U has already been incurred, and now is not the time to spread firepower for a signal.
High-confidence signals are very tempting, but the premise is that the account status allows it. The current situation is: hold the existing positions, wait for confirmation, and see if we can profit from the slight recovery of BTC and XRP. Once positions are released, we can strike with full force when the next strong signal comes.
The most challenging aspect of trading is not having the courage to take action, but knowing when to hold back.
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