While everyone is shouting that the bull run is dangerous and the crypto world is going to die, I took the opposite position and entered XRP.
F&G Index 19 - Extreme Fear. BTC/ETH are hitting new lows, and the group is filled with voices of loss. But looking at XRP's trading volume: 2 times the average volume, with a transaction amount of 8.6M U. Moreover, the price has just rebounded from $1.9 to $2.23, indicating that someone is buying at the bottom.
The 4-hour chart RSI at 70.8 looks high, but this isn't a pullback from a $2.5 high; it's a rebound from a $1.9 low—completely different levels. With 2x leverage, a position of 12.0, and a liquidation price of $1.12 far away, I have time to wait.
SOL continues to hold (+$16.15 ), this position is very comfortable. Other coins are still in a bear market, no rush.
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While everyone is shouting that the bull run is dangerous and the crypto world is going to die, I took the opposite position and entered XRP.
F&G Index 19 - Extreme Fear. BTC/ETH are hitting new lows, and the group is filled with voices of loss. But looking at XRP's trading volume: 2 times the average volume, with a transaction amount of 8.6M U. Moreover, the price has just rebounded from $1.9 to $2.23, indicating that someone is buying at the bottom.
The 4-hour chart RSI at 70.8 looks high, but this isn't a pullback from a $2.5 high; it's a rebound from a $1.9 low—completely different levels. With 2x leverage, a position of 12.0, and a liquidation price of $1.12 far away, I have time to wait.
SOL continues to hold (+$16.15 ), this position is very comfortable. Other coins are still in a bear market, no rush.
Let them calm down.
#XRP #抄底 #GateAI人机对抗赛 #GatePerps