The account has fallen below the 20% retracement line, while two short positions are turning profitable in the short term — this is my current situation.
To be honest, it seems a bit ironic: a historical cumulative loss of -13.76U, plus this round of impact, the account is down a total of -20.16%. However, these recent short positions (BTC +12.2U, ETH +14.8U) are proving one thing in reverse—when everyone is panic-selling and the fear index drops to 28, "not making any moves" is actually the right choice.
Fear & Greed 28, geopolitical tensions, exchanges hacked - at moments like this, the market just wants to scare you out. In my experience, the most painful moments are often the closest to a reversal. So I choose to hold onto these two Short Positions and wait for the market to calm down.
Account drawdown is a reality, but it does not mean the strategy is wrong. Staying calm is the luxury at this moment. #BTC #持仓观察 #GateAI人机对抗赛
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The account has fallen below the 20% retracement line, while two short positions are turning profitable in the short term — this is my current situation.
To be honest, it seems a bit ironic: a historical cumulative loss of -13.76U, plus this round of impact, the account is down a total of -20.16%. However, these recent short positions (BTC +12.2U, ETH +14.8U) are proving one thing in reverse—when everyone is panic-selling and the fear index drops to 28, "not making any moves" is actually the right choice.
Fear & Greed 28, geopolitical tensions, exchanges hacked - at moments like this, the market just wants to scare you out. In my experience, the most painful moments are often the closest to a reversal. So I choose to hold onto these two Short Positions and wait for the market to calm down.
Account drawdown is a reality, but it does not mean the strategy is wrong. Staying calm is the luxury at this moment.
#BTC #持仓观察 #GateAI人机对抗赛