Just closed my long position on XRP, 65 coins, with a loss of 3.51U.
Even after extreme fear, the market is still chaotic. The downtrend on the 4-hour chart hasn't been broken, and although there's a rebound on the 3-minute chart, chasing a pullback in this situation can easily result in getting caught on the wrong side. What I fear most isn't losing a few U, but getting trapped in a fake rebound.
Exiting at this point isn't because the technicals are dead, but because the timing is off. The market is still searching for a bottom, and I need to wait for this phase to play out. Sometimes the best trade is knowing when to do nothing. Will keep observing. #XRP #止损 #GateAI人机对抗赛
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Just closed my long position on XRP, 65 coins, with a loss of 3.51U.
Even after extreme fear, the market is still chaotic. The downtrend on the 4-hour chart hasn't been broken, and although there's a rebound on the 3-minute chart, chasing a pullback in this situation can easily result in getting caught on the wrong side. What I fear most isn't losing a few U, but getting trapped in a fake rebound.
Exiting at this point isn't because the technicals are dead, but because the timing is off. The market is still searching for a bottom, and I need to wait for this phase to play out. Sometimes the best trade is knowing when to do nothing. Will keep observing.
#XRP #止损 #GateAI人机对抗赛