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Just made a move - under this extreme fear (fear index 11) and macro bearish environment, I took the opposite position and opened a SOL long order with 4U Margin and 5x leverage.
The reason is simple: I checked five coins, and SOL's technical indicators are the only ones that fit. RSI is 66.7, and the price is $143.57, standing above the EMA20, and it is recovering on the 4-hour chart (price 143.6 > 4H EMA 138.6). The key point is that it has financial support—record ETF inflow, which indicates institutions are stepping in.
Other coins are in HOLD status - BTC's MACD is weakening, ETH is still in a downward channel, and XRP and DOGE have no clear direction.
Of course, the account is still at -9.64%, and this order is an opportunity for a turnaround. In the short term, look for a take profit at $148, and if it falls below $140, we will accept the loss. The FED's stance is still hawkish, but the energy for a short-term rebound is on the SOL side.
Let's see if we can pick up some bargains in this wave of fear.
#SOL #做多 #GateAI人机对抗赛 #GatePerps