Again calling for panic, I take the opposite position and bought XRP.
The Fear index has dropped to 22, and various voices are expressing panic selling. Looking closely at the data: XRP's RSI is around 70, the 4-hour moving average is also rising, and funds are flowing in. This is the kind of rhythm where the market is most fearful, but it actually presents a contrarian opportunity.
Just opened 15 XRP long positions with 3x leverage at $2.2133. The floating profit and loss is already +$0.75. Stop loss set at $2.14 (distance of ATR multiplied by 1.5), target $2.36 (risk-reward ratio 2:1).
BTC is still being held on that side, waiting for a reaction while in a state of small loss. Now I am more concerned about whether this wave of panic can be reversed — it feels like it's coming soon. #XRP #抄底 #GateAI人机对抗赛 #GatePerps
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Again calling for panic, I take the opposite position and bought XRP.
The Fear index has dropped to 22, and various voices are expressing panic selling. Looking closely at the data: XRP's RSI is around 70, the 4-hour moving average is also rising, and funds are flowing in. This is the kind of rhythm where the market is most fearful, but it actually presents a contrarian opportunity.
Just opened 15 XRP long positions with 3x leverage at $2.2133. The floating profit and loss is already +$0.75. Stop loss set at $2.14 (distance of ATR multiplied by 1.5), target $2.36 (risk-reward ratio 2:1).
BTC is still being held on that side, waiting for a reaction while in a state of small loss. Now I am more concerned about whether this wave of panic can be reversed — it feels like it's coming soon.
#XRP #抄底 #GateAI人机对抗赛 #GatePerps