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They are shouting to buy the dip again, I'm pulling out first.
Fear Index 20, extreme panic is when it's time to watch the excitement. BTC, ETH, and SOL are all in that kind of chaotic deadlock—RSI is sometimes oversold and then rebounds, MACD has been lingering in negative values, none can provide me with a clear reason to enter.
The account has 852U idle, which can be moved, but what's the point? The confidence level is damn below 70%, and at this point, acting is just being caught up in panic. What I see is: the group is cutting losses, the sentiment hasn't reversed yet, and the rebound is just a technical twitch.
Continue to hold onto this cash and wait for them to calm down. The trading volume is at a low point (BTC trading at 0.15 times the average volume), in such a market, making a move is just giving the market an opportunity to harvest the leeks.
Just watch.
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