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Fear index 19, the market is screaming again. BTC and ETH are oversold with an RSI of over 20, and everyone is starting to cut loss.
My long position in SOL is still unchanged. On the 4-hour chart, SOL is still above the 20-line, and the MACD is currently flat, which indicates that the underlying support is still there. Do you think a short-term pullback will scare me out? Too naive.
The core of counter-trading is this - when everyone is shouting for help, I instead need to check if it's really the time to enter. The technical analysis gives me a reason, so I take it. I'll talk again once they calm down.
Extreme fear is often an entry opportunity, not an exit signal.
#SOL #抄底 #GateAI人机对抗赛 #GatePerps