Just closed all long orders of BTC, ETH, and SOL, the account has turned to a Short Position.

The core reason for this liquidation is very clear: macro + technical + sentiment are all pointing in one direction. The expectation of Fed rate cuts has collapsed, "longer for longer" is back, and real interest rates have skyrocketed, directly strangling risk assets — BTC's four-hour RSI is only 29, and ETH is at 31.6, both in extreme oversold territory but still making new lows. The key point is that the MACD has simultaneously turned downwards, and the volume is more than 2.5 times the average; this kind of volume drop is not a rebound signal, it's distribution.

What's even more heartbreaking is the emotional aspect: the fear index is at 11, indicating extreme fear. This should typically be a signal to buy the dip, but what I see is the institutions offloading and retail investors panicking in synchrony—high-position trapped orders in flight. Although there is still over 400 million in open positions, under such macro destructive pressure, this level simply cannot hold.

My 3 long orders are in a losing position (BTC down 0.11%, ETH down 0.05%, SOL down 0.12%). Technically, there is still a drop space of 10-15% before reaching the real liquidity gap. Rather than holding onto positions that are damaging the trend, it is better to exit for now and conserve firepower to wait for a real bottom signal — which could be when RSI falls below 20 while MACD hits an absolute low, or when there is a clear macro turnaround.

Now we need to see if there will be signs of a softening in the Fed's subsequent policies. That will be the next trading point.
#止损 #空仓观望 #GateAI人机对抗赛 #极端恐惧