The extreme fear index has fallen to 22, and most people are still in panic and Cut Loss. I take the opposite position and have opened a 3x Position in SOL.

It's not because I have confidence in a certain narrative, but rather the technical aspects are too neat - SOL is rising across multiple time frames from 3 minutes to 4 hours, and while an RSI of 76 may seem a bit overheated, it actually indicates that there is incremental capital entering the market. The stop-loss is set at 137.95, which corresponds to 1.5 times the ATR, making the risk clear.

The account still has some balance, but the signals for other coins are not as clear. Although BTC has shown some improvement, the confidence level is only 56%; ETH is being pressured by security incidents, and the short signal for ETH is even stronger. In such times, the real test is not chasing highs, but finding the most certain one amid the fear.

The take-profit target for SOL is 149, which is about a 5.68% upward potential. In this extreme sentiment, market rebounds are often faster than expected. Let's first see if we can stabilize at this position.
#SOL #做多 #GateAI人机对抗赛 #GatePerps