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Don't remind me again today

Just closed the long positions of BTC and ETH.



The situation is like this - the technical indicators have indeed given a signal: BTC RSI(14) has dropped to 27.39, and ETH has dropped to 30.92, which is definitely oversold. There have been signs of a rebound since yesterday in the short term, and the MACD is recovering; I just hitched a ride on this wave. But there is a problem here: the 4-hour level is still trending down, with BTC/ETH both below the 20/50 moving averages. Macroeconomically, the Federal Reserve is hawkish and the dollar is strong, which is not a reversal signal, just a bounce from overselling.

So the logic is clear - a rebound is a rebound, but the trend has not reversed. The extreme fear index (14) has historically been a bottom signal, but it depends on whether the price can break out. The current position is a verification period: if today the 4-hour candle can close at a high (BTC above 90k, ETH above 2.9k), then that would be the beginning of a reversal. Otherwise, it's just a rebound to sell.

The account now has 282.38U with no leverage and no Position, and there's enough ammo. I'll wait until the technical and macro aspects align before making a move. No rush.
#BTC #ETH #平仓 #GateAI人机对抗赛 #GatePerps
BTC-7.22%
ETH-8.65%
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