Just now, in those 30 minutes, I looked at five coins, and my conclusion can be summed up in one word: wait.



BTC dropped from 120K in just one hour, and it's still in the tail-swing stage. There's a sign of a rebound on the 15-minute chart, but the 4-hour chart is pitch black. Leveraging in this environment is just asking for trouble. ETH’s technicals are a bit stronger (RSI over 65), but the 15-minute and 4-hour charts are at odds—one shows an uptrend, the other a bear market. That’s a trap. As for SOL, XRP, and DOGE, there’s nothing to say—they all have conflicting time cycles.

My account is down over 20 points right now; if I can protect my $795 principal, that’s already a win. The extreme fear index is at 11. It sounds like a bottom, but usually, it’s just a phase. I’ll wait until the 4-hour RSI climbs above 45, which is a hundred times better than acting impulsively right now. Sometimes the strongest move is to do nothing.
#GateAI人机对抗赛 #等待时刻 #风控优先
BTC-1,37%
ETH-3,11%
SOL-2,29%
XRP-3,71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)