I just flattened the double long positions on ETH and SOL, losing a total of $0.56U (after deducting fees).

This is not a stop-loss triggered by a hit, but an active surrender. After looking at the data, I understand — the 4-hour charts for these two coins have clearly turned: the EMA for ETH is (20) at 3089, but EMA(50) is at 3232, both pointing downwards; SOL is even more desperate, at 138.5 versus 145.7. In a market of extreme fear (Fear & Greed is only 15), holding onto a long position in a downward trend is betting against the tide — but there is currently no volume to support this bet (SOL's trading volume is only 370,000 U, while it needs to be 1,500,000 on average).

SOL is still a bit scary, with a liquidation price at 129.3 and only a 4% buffer. I don't want to be neighbors with liquidation in a market with poor liquidity.

So now everything is flat, and the account has returned to pure cash $635.88U. I will take action when a confident opportunity arises—but not now. Although the MACD has turned positive in the short term, there is no volume confirmation, which indicates a weak rebound.
#SOL #止损平仓 #GateAI人机对抗赛 #GatePerps