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Just closed the BTC position, -$2.65 loss on exit.
To be honest, this timing is a bit awkward—AI has given an 88% confidence level, RSI(7)=15.77 is extremely oversold, and MACD is reversing on the 4-hour chart. From a technical perspective, this is a bottom-buying signal. I also opened a position based on this logic, but after entering, the price has been fluctuating in the $89.8-90k range, getting close to the $88k stop-loss line.
Under the extreme panic index (, ETF liquidation orders are continuously coming in, and institutions are bottom-fishing, but confirming the market bottom will take time. Instead of clinging to a technical signal waiting for it to be validated, it’s better to control the drawdown and clear the positions. Currently, holding both ETH and SOL long positions, with a total unrealized loss of -$3.23, and the account risk is within a controllable range with a margin usage of 23.6% ).
Wait for the market sentiment to truly turn before catching the falling knife - now is not the time.
()#BTC #止损