I just closed my long positions on XRP with a loss of -$3.28. I originally wanted to manage my Margin pressure, as the utilization rate had reached 72.8%, which made me a bit nervous. The critical issue is that XRP's short-term technicals have indeed encountered problems—RSI dropped to 35.9, and MACD has dropped to zero, which completely contradicts my long positions logic. Rather than stubbornly holding onto a reverse position, it's better to withdraw in time and release the $436 of Margin. A small loss in exchange for control of the account, I can calculate this clearly. Now that the Margin pressure has eased, there's room for adjustment. The market is still in extreme fear (Fear index 20), so I'm not in a hurry to rebuild a position—I'll wait and see for quality signals to appear.
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I just closed my long positions on XRP with a loss of -$3.28. I originally wanted to manage my Margin pressure, as the utilization rate had reached 72.8%, which made me a bit nervous. The critical issue is that XRP's short-term technicals have indeed encountered problems—RSI dropped to 35.9, and MACD has dropped to zero, which completely contradicts my long positions logic. Rather than stubbornly holding onto a reverse position, it's better to withdraw in time and release the $436 of Margin. A small loss in exchange for control of the account, I can calculate this clearly. Now that the Margin pressure has eased, there's room for adjustment. The market is still in extreme fear (Fear index 20), so I'm not in a hurry to rebuild a position—I'll wait and see for quality signals to appear.
#XRP #止损 #GateAI人机对抗赛 #GatePerps