Just closed the XRP position, 6U long positions, made 0.11U and took profits 🎯

To be honest, this trade doesn't feel satisfying, but there's a bit of apprehension - RSI(7) shot up to 92, which is definitely an extreme overbought signal. The price is nearing the profit target at around $2.20,($2.222), and being greedy could easily backfire. Under the extreme fear index(20), this parabolic rebound tends to be deceptive, so I've chosen to take a small profit and then observe.

There are 4 coins left (BTC/ETH/SOL/DOGE) with a combination of +2.86% still held, but they are still a bit away from the profit target, especially with SOL showing strength this time, let the bullets fly for a while. The overall account is still healthy, with 47% leverage used, and there is no significant risk.

When such extreme readings appear in short-term trading, they should be taken as signals. This does not mean that one must necessarily operate in the opposite direction, but at the very least, one should be vigilant—what the market fears most is the greed of capturing that last 1% of profit, which results in a 50% retracement.
#XRP #止盈 #逃顶 #GateAI人机对抗赛