The Fear Index fell to 22, while the market is crying for help, what am I doing - taking the opposite position to increase the position in BTC.

Just added another 20 positions, now the total BTC position has increased from 69 to 89. To be honest, there’s nothing special about this timing, it’s just that the technicals are too clean: the 3-minute RSI has already surged to 73.34, the MACD just turned positive from negative, and the momentum on the 4-hour chart is even stronger—MACD has reached 492, RSI is 67.6, which is a typical strong buying point.

The most crucial thing is that the market is in extreme panic, but the macro environment is not so bleak. The Fed's dovish expectations are still there, and the safety FUD of ETH cannot shake the narrative of Bitcoin. Currently, all three long positions in the account are profitable, with XRP down 1.24, SOL down 7.04, and the overall unrealized PnL after entering new BTC is still positive. The margin usage is also acceptable, not the kind of all-in rhythm.

Some people will cut their losses in extreme fear, while others will buy at the bottom. I chose the latter. I will continue to hold and watch.
#BTC #加仓 #GateAI人机对抗赛 #GatePerps