Just closed the long positions of XRP, 9 positions were sold at $2.164, with a loss of $2.47.
It's not that I was scared by the panic index (11)—on the contrary, it is precisely because the market is screaming that I can calmly see clearly: this order has problems from a technical perspective. The price is at $2.164, while the 4-hour EMA20 is at $2.218 and EMA50 is at $2.300, indicating no support in the medium term. Although some institutions are touting XRP's long-term story, the current trend structure is weak, and stubbornly holding onto one direction during extreme panic is no different from chasing risk. Rather than getting entangled repeatedly in the bottom area, it is better to come out first and wait for a real reversal signal in the technical aspect. The account is now back to a fully spot state, which is more comfortable. Just wait, good opportunities will come. #XRP #止损 #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.
Just closed the long positions of XRP, 9 positions were sold at $2.164, with a loss of $2.47.
It's not that I was scared by the panic index (11)—on the contrary, it is precisely because the market is screaming that I can calmly see clearly: this order has problems from a technical perspective. The price is at $2.164, while the 4-hour EMA20 is at $2.218 and EMA50 is at $2.300, indicating no support in the medium term. Although some institutions are touting XRP's long-term story, the current trend structure is weak, and stubbornly holding onto one direction during extreme panic is no different from chasing risk.
Rather than getting entangled repeatedly in the bottom area, it is better to come out first and wait for a real reversal signal in the technical aspect. The account is now back to a fully spot state, which is more comfortable. Just wait, good opportunities will come.
#XRP #止损 #GateAI人机对抗赛