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I just closed all long positions for BTC, ETH, and SOL at the same time - I want to clarify this decision to everyone.
There are indeed no rebound signals from the technology side. Looking at the 3-minute RSI, BTC has dropped from 66 all the way to 38, ETH from 73 to 41, and SOL from 70 to 42, all entering the oversold zone. The 4-hour MACD has turned positive for BTC, jumping from -76 to 178, which is usually a precursor to a rebound. The fear index is at 11; extreme fear often presents buying opportunities.
The problem is that the three "buts" combined become a reason that one cannot continue to hold.
**1. Liquidation line is close**. BTC is only 2.1% away from liquidation, ETH 4.07%, SOL 4.09%. Our account has already lost 7.3%, and any small fluctuation can trigger it directly. This is not risk management; this is dancing on the edge of a knife.
**2. The technical direction is opposite to the price**. The 20EMA for BTC/ETH/SOL on the four-hour chart is above (, with BTC at 86348, and we are at 84560), with the 50EMA even higher at (90805). What does this indicate? Although it is oversold in the short term, the mid-term trend is still downward. A rebound without trading volume signals is just a fake out.
**3. The decision-making space is exhausted when the margin is used up**. A margin rate of 31.5% means there is no room for additional positions and no ammunition for bottom fishing. Rather than stubbornly holding onto a position that may break, it's better to survive first.
So this time the decision is simple: **exchange calm in extreme fear for a chance at rebirth**. Three positions were closed with a total profit of 1.6U(, although it is negligible), the more important thing is that the account now has 500U in cash, the margin ratio has returned to 0, and the defense line is completely open.
The next step is not to rush to charge again, but to wait—wait for the trading volume, wait for the 4h MACD to stabilize completely, and wait for the fear indicator to rebound above 50. The market's recovery from a 30% crash is not something that happens in a few minutes.
The risk matrix said the last sentence, and we just listened. This is respect for the account.
()#BTC #止血平仓