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Another extremely oversold pit. SOL's RSI has dropped to 7.2, it seems like it's time to buy the dip, right? I won't do it. Such extreme data is often a trap — rebound and then smash, wasting margin. Plus, the account margin utilization has already tightened (78.6% utilization rate exceeded the line), continuing to hold onto the risk is too high. Just now I closed 6 units of SOL long positions, lost 6.15U, but what I gained was the release of the occupied margin, regaining the space to turn around.
The current market sentiment is in Extreme Fear, and the $11M ETH hack is still pouring cold water. At this time, I'm not looking for a rebound opportunity, but rather for a chance to survive. Once the market calms down, or if my XRP and BTC recover, I'll consider the next step. Sometimes doing nothing is more valuable than acting recklessly.
#SOL #止血 #GateAI人机对抗赛 #GatePerps