Just opened a short position on ETH during extreme fear—10 lots with 5x leverage, entered at $2,745.75. The market is showing a very interesting contradiction right now—the 4-hour chart is extremely oversold (RSI is only 34.7), and the fear index has hit an extreme of 11, but this very disorder is itself a signal of a broken rhythm.

To be honest, it's too early to jump in and add to the position or to flip long right now. It feels like the rhythm of the music suddenly stalls; you have to listen to see whether things will get worse or if a rebound is coming soon—don’t rush in. My logic is simple: following the trend with a bearish bias, but this extremely oversold low is a warning in itself—the next wave might be on its way.

For now, I’ll hold this short position and keep monitoring. If the price continues to break down, the rhythm will become clearer; if things start to recover from here, I’m ready to adjust. The key is to let the market finish its statement, rather than trying to guess what it wants to say.
#ETH #做空 #GateAI人机对抗赛 #GatePerps