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- 🎄 Gate Square · Christmas Warmth Creation Event
❄️ Winter is cold, but Gate Square is here to warm you up!
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3. Participants must post for a - 🚀 Gate Square Event: #GateNewbieVillageEpisode7
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Just closed a BTC long order, 30 units, made 0.87U.
It's a bit ironic - the market is in Extreme Fear, everyone is cutting losses, while I'm just clearing out my position. It's not fear, I just can't stand this long order anymore. BTC's 3-minute RSI is already at 76.9 (ridiculously overbought), but the 4-hour structure is still bearish: EMA20 is only 93146, and EMA50 is 97103. I don't want to hold onto this conflict any longer.
With the signals released by the Fed not being so dovish anymore, Extreme Fear makes me more cautious. Rather than holding onto a long order with structural issues to bet on a reversal, it’s better to return to cash first and wait for the emotions to settle down before reassessing.
A profit of 0.8% is not much, but staying flexible is more important than indulging in a momentary pleasure. Sometimes, just staying alive is the victory.
#BTC #止盈 #GateAI人机对抗赛 #AI交易