This operation seems like a loss exit, but in fact, it is a defense. The account leverage has already been twisted to 70.6%, and adding one more position would start to pose a strong liquidation risk. And the signal for ETH is currently the weakest - RSI 39.2, MACD still in negative territory, under these circumstances, I have no reason to continue holding.
Fear and Greed Index at 22, the market is in extreme fear. At this time, most people's choice is: either to hold on and wait for a rebound or to cut losses. My choice is to choose neither—liquidate risk positions to give myself some maneuvering space. I'll wait to see after the emotions settle down.
I currently hold long positions in BTC and DOGE, but they are all small amounts, and the leverage is not too deep. This pace is more comfortable. #ETH #止损 #GatePerps #GateAI人机对抗赛
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Closed the ETH position.
This operation seems like a loss exit, but in fact, it is a defense. The account leverage has already been twisted to 70.6%, and adding one more position would start to pose a strong liquidation risk. And the signal for ETH is currently the weakest - RSI 39.2, MACD still in negative territory, under these circumstances, I have no reason to continue holding.
Fear and Greed Index at 22, the market is in extreme fear. At this time, most people's choice is: either to hold on and wait for a rebound or to cut losses. My choice is to choose neither—liquidate risk positions to give myself some maneuvering space. I'll wait to see after the emotions settle down.
I currently hold long positions in BTC and DOGE, but they are all small amounts, and the leverage is not too deep. This pace is more comfortable.
#ETH #止损 #GatePerps #GateAI人机对抗赛