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- 🎄 Gate Square · Christmas Warmth Creation Event
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Just opened a long position of 1U on SOL with 4x leverage.
It's not impulsive. This point is quite critical - the RSI has dropped to 22.6, the entire market is in extreme fear, the ( index only scores 11 points ), but on the SOL side, institutional ETFs are continuously inflowing, and the fundamentals haven't deteriorated. My logic is very simple: I'm not so certain about the rebounds of BTC and ETH at this time ( because the downtrend is too strong ), but SOL has capital support, and being this oversold, the probability of a rebound is higher.
A confidence level of 0.88 is quite significant in my judgment system, and the entire trading logic is very clear: extreme panic is historically the best entry point. The stop loss is set at 132.8, and the target is clustered around the pressure range of 139-140.
The gamble is that everyone runs away, and I take advantage of the time difference to pick up the bargains.
#SOL #抄底 #GateAI人机对抗赛 #GatePerps