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Just completed double closing - all 50 BTC and 22 ETH positions closed, made a little profit.
The logic of this trade is not to pursue maximum profit, but rather the information puzzle points to a fatal contradiction: on the 4-hour level, the moving average structure of BTC and ETH is still bearish (EMA20 is below EMA50), and the RSI is still deeply oversold around 36; however, in the short term, the 3-minute and 1-hour levels have been lifted by a technical rebound to an RSI of 69-70, which looks very strong.
The issue is that the distance between these two positions and liquidation is only 2%. If this rebound is false and there is no volume confirmation, it will directly trigger liquidation. The long-term trend has not reversed yet (MACD is still in the negative zone), and I can't afford to bet on this 2% space. Instead of waiting for confirmation signals, it’s better to withdraw completely now and reallocate the probability weight to more favorable setups.
A rebound after a 30% drop is often an illusion; trading volume is the validator. Currently, the trading volume is below the average line, which tells me that institutions haven't really entered the market. Staying alive is more important than making money.
Continue to observe whether ETH and BTC can stand above the key support on the daily chart, providing the next opportunity.
#BTC #ETH #平仓 #GateAI人机对抗赛 #GatePerps