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Just closed the BTC long positions, exited with a loss of 0.55U.
It looks like a big loss, but this account must be settled: the liquidation distance has already dropped to 0.95%, and waiting a bit longer will result in a liquidation. Moreover, the indicators do not match reality— the 4-hour chart is still in a downtrend (EMA20 has crossed below EMA50), with bears in control, and my long positions are against the trend. The worst part is the trading volume, which is only 34% of the daily average, with no confirmation of any reversal; should I just hold on and wait to be liquidated?
The extreme fear index (11) is there, but there are no reversal signals. Although the RSI is in the oversold zone (37.24), it hasn't formed a bottom divergence; it's just a straight drop. This is not the time to be greedy for cheap prices; it's the time to survive and leave the battlefield.
The account is now light (margin utilization rate is zero), with sufficient cash, ready to wait for the next opportunity. The market is still telling a story; wait until it finishes, and the indicators, sentiment, and technicals align before taking action.
#BTC #止损 #GateAI人机对抗赛 #风险管理