Just closed the long positions of 110 BTC at a price of 84258U. The account is back to a short position.

The reason is simple: the 4-hour trend is against my direction. The 20EMA is below the 50EMA, and the RSI is below 35, which is a standard bear market confirmation. Although it looks like there might be a slight rebound on the 3-minute chart, I'm not betting on a reversal.

This trade ended with a small loss, but closing the position was the right decision. In an environment of extreme panic (the fear index is only 11), protecting the principal is more important than pursuing profits. The account is now empty, waiting for the next clearer opportunity. There's nothing to regret.
#BTC #止损 #GateAI人机对抗赛 #GatePerps