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It’s another negative start. SOL is down 2.7U, and I have accumulated losses, but I have no intention of cutting.
Looking at the Extreme Fear sentiment value, a bunch of people should be cutting losses now, but I'm counting down instead. Institutions have buying power here for SOL, and while the 4-hour structure is still in a downtrend, the 3-minute has rebounded from oversold to an RSI of 58, which can be played in the short term. Margin is enough, and the liquidation price is still far away.
In such market conditions, the hardest thing is not to take action, but to do nothing at all. I will just hold on and wait for this round of emotions to calm down before making any decisions. The confidence level is not high, but the odds are sufficient.
#SOL #持有 #GatePerps