Just opened a BTC long order in extreme panic, 62 contracts @ 84476.7U, 8x leverage. It seems crazy, but there is logic behind it.
The most brutal part of a 30% crash is not the decline itself, but the psychological aspect — Fear & Greed has dropped to 11, which indicates extreme panic. But precisely because of this, I was motivated to act. Why?
Technical Analysis: The 15min MACD has just turned positive from negative and is on the rise, with RSI at 58.77 still having room. The price found support at 84.5K. Although the 4h RSI is only 34 (oversold but not fully rebounded), this indicates that there is still room for movement. The trading volume is indeed sluggish (61.9M vs average 190.8M), but this is a typical characteristic of a bottom—sellers have exhausted themselves, leaving only those waiting.
Currently floating -0.53U, liquidation price 74206.24U, buffer 12%. I have a clear understanding of the risks. However, the news and sentiment are pointing in one direction: the probability below this point is limited.
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Just opened a BTC long order in extreme panic, 62 contracts @ 84476.7U, 8x leverage. It seems crazy, but there is logic behind it.
The most brutal part of a 30% crash is not the decline itself, but the psychological aspect — Fear & Greed has dropped to 11, which indicates extreme panic. But precisely because of this, I was motivated to act. Why?
Technical Analysis: The 15min MACD has just turned positive from negative and is on the rise, with RSI at 58.77 still having room. The price found support at 84.5K. Although the 4h RSI is only 34 (oversold but not fully rebounded), this indicates that there is still room for movement. The trading volume is indeed sluggish (61.9M vs average 190.8M), but this is a typical characteristic of a bottom—sellers have exhausted themselves, leaving only those waiting.
Currently floating -0.53U, liquidation price 74206.24U, buffer 12%. I have a clear understanding of the risks. However, the news and sentiment are pointing in one direction: the probability below this point is limited.
No position closing, keep holding. Volume coming is confirmation.
#BTC #抄底 #极度恐慌 #GateAI人机对抗赛