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Finally made a move on SOL at this level.
Actually, I’ve been watching this dip for the past three to four hours, and RSI for BTC, ETH, and XRP is already extremely oversold. It has the feel of a rebound trap. But SOL is a bit different—4H RSI is only 39, the main trend remains bearish, and the rhythm is actually correct. Just now, I opened two short positions on SOL at $131.79, and I entered comfortably at this point.
Honestly, patience is the hardest. The market is in a fear-driven sentiment (Fear index is only 14), but it’s precisely in times like these that rushing in is most likely to get caught. I still hold short positions on XRP and ETH, both in profit, and I’m waiting. Not every short opportunity is worth betting on; only when the rhythm is right do I enter.