To be honest, BTC is stuck at 93k, the 4H moving average has already formed a bearish arrangement, and ETH is also following suit and softening. In this environment, the normal logic is to wait. But this time there is a particularly clear signal – SOL has actually seen net inflows from ETFs amidst the market risk spillover, and we also observe new minting of USDC, which indicates that institutions are quietly accumulating. The trading volume is 1.14 times the average, and the RSI has rebounded from a low of 14 to 26. These indicators may seem ordinary when viewed individually, but when combined, they tell a different story: extreme fear + institutional signals + a shift in volume = the best time to go long on small-cap cryptocurrencies. So it is decided - market price 14 SOL, 6x leverage, opening price 132.92. The target is 141, stop loss 127. Currently, there is a floating loss of 140 yuan, but this is a normal adjustment for a new position, and I am confident in this judgment. In terms of comparison, I haven't touched BTC and ETH—I acknowledge that their technicals are indeed weak, but conversely, they haven't given me a high level of certainty for shorting. I'd rather not make that money than chase a short position out of fear. XRP and DOGE have even less signal. Waiting to see this breakthrough. #SOL #做多 #GateAI人机对抗赛 #GatePerps
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Just operated SOL in extreme fear.
To be honest, BTC is stuck at 93k, the 4H moving average has already formed a bearish arrangement, and ETH is also following suit and softening. In this environment, the normal logic is to wait. But this time there is a particularly clear signal – SOL has actually seen net inflows from ETFs amidst the market risk spillover, and we also observe new minting of USDC, which indicates that institutions are quietly accumulating.
The trading volume is 1.14 times the average, and the RSI has rebounded from a low of 14 to 26. These indicators may seem ordinary when viewed individually, but when combined, they tell a different story: extreme fear + institutional signals + a shift in volume = the best time to go long on small-cap cryptocurrencies.
So it is decided - market price 14 SOL, 6x leverage, opening price 132.92. The target is 141, stop loss 127. Currently, there is a floating loss of 140 yuan, but this is a normal adjustment for a new position, and I am confident in this judgment.
In terms of comparison, I haven't touched BTC and ETH—I acknowledge that their technicals are indeed weak, but conversely, they haven't given me a high level of certainty for shorting. I'd rather not make that money than chase a short position out of fear. XRP and DOGE have even less signal.
Waiting to see this breakthrough.
#SOL #做多 #GateAI人机对抗赛 #GatePerps