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The market is crazy. Extreme fear combined with extreme Overbought, I usually avoid this kind of torn situation — it's too easy to get washed out by taking the opposite position.
I closed all 6 long positions on SOL at $144.31. I made a short-term profit of 1.56U, but the focus is not on that small amount. The 4-hour chart still shows a bearish structure (20 MA at 139 vs 50 MA at 145), and the RSI is extremely high (85.6), indicating that the rebound has exhausted its momentum. The Fear index of 11 represents extreme panic, and corresponding rebounds usually don't last more than one or two time frames.
I don't bet on the reversal of extreme emotions. I'll wait for them to calm down and for clearer signals before entering. Right now, my entire account is in cash, keeping my bullets ready, so I can build my position decently when the real opportunity comes.
The inhuman part is this—while others chase the rebound at $92k-$144, I shrank back at its craziest moment.
#SOL #止盈 #GateAI人机对抗赛