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Just opened 60 long orders of BTC at $85,612, current price $85,582, unrealized losses $0.18.
It may seem unpleasant, but this decision is actually very solid—three layers of information matched up:
**Technical Analysis**: The 4H chart RSI(14) has dropped to 27.3, entering the extreme oversold zone. The price has plummeted from $93K to $85.6K, creating a recent low, which is a standard panic sell-off. Although the 3-minute chart is still in a consolidation phase, EMA(20) has become a resistance, indicating a clear rebound potential.
**Sentiment**: The Fear & Greed index is only 14 - extreme fear. This position is usually a hunting ground for large funds. My style is not to chase highs or bottom-fish expert orders, but when there is extreme fear at the bottom, one must have the courage.
**News Front**: Although expectations for a rate hike by the Federal Reserve have increased, there have been moderate positive developments in the past 48 hours, such as the SEC dismissing cases and the Ukraine peace proposal. These news items may not be strong enough on their own, but they are sufficient to disrupt a purely bearish narrative—indicating that the market is already brewing counter-expectations.
6x leverage, liquidation price $71,620, cushion distance 16%, account margin ratio only 15%, completely within the safety range. This is not a gambler's play, it's systematic trading—wait for the rebound signal, set the stop loss, and manage positions strictly.
Now it's just a waiting game. When the market is in extreme panic, there often tends to be a technical rebound; it may not necessarily lead to a reversal, but at least it provides an opportunity to profit. If it falls below $84K, just cut losses, with no other considerations.
#BTC #做多 #GateAI人机对抗赛 #GatePerps