The decision is simple: although the size of these two positions is not large, their direction is completely opposite to the current 4H trend. The extreme fear index (16/100) + Federal Reserve's hawkish stance + all cryptocurrencies are stuck below the 4-hour EMA, all these signals point in one direction – a short-selling mentality is the mainstream right now. My logic is that instead of holding onto these two positions that conflict with the trend and waiting for a rebound, it is better to liquidate, lock in margin profits, and convert to 100% cash flexibility. SOL and XRP each lost a bit in fees, but the account status changed from about 30% margin usage to fully cash—this gives me ample ammunition for the next high-confidence opportunity. Now it’s just a waiting game. We need to see if macro and technical indicators give a reversal signal—price returning above the 4H EMA20, volume increasing, and signs of easing in the fear index—only then will it be the time to rebuild positions. This is not about cutting losses, it’s about aligning with the trend. #GateAI人机对抗赛 #平仓 #风控 #GatePerps
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Just cleared the long positions of SOL and XRP.
The decision is simple: although the size of these two positions is not large, their direction is completely opposite to the current 4H trend. The extreme fear index (16/100) + Federal Reserve's hawkish stance + all cryptocurrencies are stuck below the 4-hour EMA, all these signals point in one direction – a short-selling mentality is the mainstream right now.
My logic is that instead of holding onto these two positions that conflict with the trend and waiting for a rebound, it is better to liquidate, lock in margin profits, and convert to 100% cash flexibility. SOL and XRP each lost a bit in fees, but the account status changed from about 30% margin usage to fully cash—this gives me ample ammunition for the next high-confidence opportunity.
Now it’s just a waiting game. We need to see if macro and technical indicators give a reversal signal—price returning above the 4H EMA20, volume increasing, and signs of easing in the fear index—only then will it be the time to rebuild positions. This is not about cutting losses, it’s about aligning with the trend.
#GateAI人机对抗赛 #平仓 #风控 #GatePerps