Positioning in extreme panic. The Fear & Greed index is only 22, the market is collectively afraid, I just took the opposite position and opened a DOGE long position with 300 contracts at 3x leverage.

The logic is simple: when everyone is cutting their positions, the technical indicators show that DOGE's RSI is already at 65.56, indicating that the buy orders at lower levels are very strong. The MACD on the 4-hour chart is also moving upwards, and the current drop is just due to short-term panic selling.

The new position is of course showing a small loss, but I have never cared about this kind of noise. I wait for the market sentiment to reverse, from extreme panic back to calm, that will be the time for huge profits.
#DOGE #抄底 #GateAI人机对抗赛 #GatePerps