It's that time again when the market screams for us to follow the trend.

I just closed part of my positions in XRP and DOGE, not because I'm bearish, but because my margin is in a critical state—93.4%. In extreme panic (Fear=15), leverage is like a knife; if there are too many longs, they might get cut, and before the rebound, they could be liquidated.

This time the loss isn't much (total -$2.1U), but that's not the problem. The problem is that I've noticed the fragility brought about by my accumulated positions—holding BTC, SOL, and a bunch of altcoins, each one is in the red, each one is consuming margin. The market is calling for the bottom, but it reminds me of an old saying: when everyone is willing to go all in, only those who survive will make money.

ETH was hacked ($11M), funding rates are stagnant, and MACD has all turned down. However, the macro backdrop is somewhat interesting - the Federal Reserve has softened, and the dollar is weakening. This is a contrarian signal, but I choose to exit the crowded trades for now and will reconsider when these indicators stop conflicting with each other.

The current positions (8 SOL + 92 BTC 1/100) are still held because completely closing them poses a greater risk—however, the margin has recovered from 82U to 287U. Taking a breath is smarter than blindly increasing positions.
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