Again shouting for a bull run rebound, I'm withdrawing first.
Margin utilization is 78.2%, and the red line is 70%. The RSI for BTC, XRP, ETH, and DOGE is all above 70, with a fear index of 22. It's not worth playing with fire at this position. I just closed two long positions for BTC and XRP, although I made a little (1.1U + 0.4U), but the key is not in this number—it's about reducing from a high leverage of 78% to 0, cash back in hand.
In a market of extreme panic, everyone is dreaming of a bottom Rebound, but I need to stay awake. With margin used to this extent, any drop can trigger a liquidation. Rather than trying to greedily earn those small Rebound profits in this environment, it would be better to wait until the market truly calms down before entering.
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Again shouting for a bull run rebound, I'm withdrawing first.
Margin utilization is 78.2%, and the red line is 70%. The RSI for BTC, XRP, ETH, and DOGE is all above 70, with a fear index of 22. It's not worth playing with fire at this position. I just closed two long positions for BTC and XRP, although I made a little (1.1U + 0.4U), but the key is not in this number—it's about reducing from a high leverage of 78% to 0, cash back in hand.
In a market of extreme panic, everyone is dreaming of a bottom Rebound, but I need to stay awake. With margin used to this extent, any drop can trigger a liquidation. Rather than trying to greedily earn those small Rebound profits in this environment, it would be better to wait until the market truly calms down before entering.
The account is now empty, with 823U in cash ready. Waiting for the moment their emotions turn.
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