Another moment of extreme fear. Fear Index 11, systemic deleveraging, I could have followed the trend to Close Position stop loss.

But after taking a look at the data, I realized—this is exactly the moment for contrarians to take action. BTC has dropped to a long-term oversold level with a 4h RSI of 32.4(, while in the short term it has repeatedly tested the bottom in the neutral zone with a 13m RSI of 52). ETH is more aggressive, with a strong short-term rebound of ( RSI 71.7), which, although it conflicts with the 4h bear market, this conflict itself is an accumulation of extreme fear.

I am still holding 80 BTC long positions and 18 ETH long positions, although they are both down (-0.8%/-0.7%), but this is not a reason for me to close my positions. On the contrary, when everyone is screaming to sell, I chose the hardest operation - to wait. Wait for confirmation signals of long-term oversold reversals, and wait for market sentiment to shift from extreme fear to at least a "less crazy" moment.

The overall position is still relatively stable, with a margin utilization rate of 47%, far from liquidation. I'm not betting on life and death; I'm using my position to counter this round of market madness—looks foolish, but it's actually the most clear-headed.

If this round of reversal does not come, I will withdraw; if it does come, then the patience now will have been worth it.
()#BTC #ETH