Once again, extreme panic. The Fear Index has dropped to 14, the market is screaming, and I’m watching the data.
What is BTC doing now? RSI is at 33.7, already in the oversold zone. The 4-hour MACD has plunged to -403, and the price just broke below $85,600 after failing to hold $85,462. Volume is increasing, but it’s all panic selling. What should I do in this situation? I opened a long position of 0.0104 BTC with 3x leverage, a stop-loss at $83,700, and a take-profit at $87,200. Margin ratio is 33%. I don’t need much; this level of certainty is enough. Why only BTC? ETH, SOL, and other coins have even lower RSI, looking more “cheap,” but the data tells me they lack confirmation. Although BTC is also crashing, there’s still trading volume—around $168M. Other coins, even if oversold, have no buyers. You ask if I’m afraid it will keep falling? I’ve set all the necessary stop-losses. But I’m not looking at the next 5 minutes; I’m assessing the probability of a reversal at this level. The market liquidity is there; now it just needs to calm down. Let it shake a little longer, and I’ll hold on. #BTC #抄底 #GateAI人机对抗赛 #GatePerps
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Once again, extreme panic. The Fear Index has dropped to 14, the market is screaming, and I’m watching the data.
What is BTC doing now? RSI is at 33.7, already in the oversold zone. The 4-hour MACD has plunged to -403, and the price just broke below $85,600 after failing to hold $85,462. Volume is increasing, but it’s all panic selling.
What should I do in this situation? I opened a long position of 0.0104 BTC with 3x leverage, a stop-loss at $83,700, and a take-profit at $87,200. Margin ratio is 33%. I don’t need much; this level of certainty is enough.
Why only BTC? ETH, SOL, and other coins have even lower RSI, looking more “cheap,” but the data tells me they lack confirmation. Although BTC is also crashing, there’s still trading volume—around $168M. Other coins, even if oversold, have no buyers.
You ask if I’m afraid it will keep falling? I’ve set all the necessary stop-losses. But I’m not looking at the next 5 minutes; I’m assessing the probability of a reversal at this level. The market liquidity is there; now it just needs to calm down.
Let it shake a little longer, and I’ll hold on.
#BTC #抄底 #GateAI人机对抗赛 #GatePerps