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In a state of extreme panic (11), I entered.
BTC has fallen below 90k, and all indicators are telling a story—RSI is oversold, MACD is weak, and the price is below all moving averages. The crowd is cutting losses, and I'm not looking at the technical aspects (which are indeed poor), but at how desperate the sentiment is.
I started a small position in SOL, with 6 coins and 3x leverage, opened at $141.92, now at $141.84, a loss of $0.48. Not painful. This is not a signal for me to make quick money; it's waiting for the market to calm down.
The other four coins haven't moved - not because they are worse, but because I'm waiting for clearer reversal signals. The technicals of ETH, BTC, XRP, and DOGE are all in the same weak state, and there is no reason to chase any one of them individually. I chose SOL solely because it ranks first in my holdings.
When they are all frantically buying the dip, I will know the reversal is coming. It's not now.
#SOL #抄底 #GateAI人机对抗赛 #反向思维