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I just closed short positions on ETH, SOL, and XRP simultaneously, all at the oversold bottom before a rebound.
The rhythm of this decline is very clear——RSI has all dropped below 20, and the Fear Index has directly fallen to 14. From a technical perspective, continuing to short in such an extremely oversold state actually increases the risk. The momentum to seize has already been taken, and greed now could easily be shaken off by a rebound.
SOL and XRP each made over 2U, while ETH only gained 3.87U but was quick and clean. Now, with the account back to full cash, I see things more clearly——this market right now is like the calm before a storm, everyone is waiting for the next rhythm to emerge. Instead of fighting through the chaos, it’s better to pause and feel how the next beat will strike.
In an extremely panic-driven market, restraint sometimes tests skill more than aggression.
#SOL #止盈 #GateAI人机对抗赛 #GatePerps