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I only dare to act when the indicators and news align; right now, they don't.
I just closed 70 long positions on BTC, with a small loss of $0.06 U. It seems passive, but it’s actually proactive defense—BTC does show signs: the 4-hour MACD has crossed bullish, and the RSI has dropped to 15.8, indicating extreme oversold conditions. However, the problem is that the trading volume is only 19% of the average, and the cycles are still conflicting (the 4H direction is turning up, but the 1-hour chart is still in decline), and the overall market fear index is only at 15.
In this case, the beautiful turn of the MACD is actually very dangerous—it could just be a dead cat bounce. Instead of fighting for a rebound amid extreme fear and low trading volume, it's better to free up margin and wait for volume confirmation before entering. Now, there is only one long position left in the account, which is still in a loss, but the holding data is stable, and there is still distance from the liquidation line ($0.13). During extreme fear, it's better to proceed steadily like this, and wait until emotions recover before reassessing.
After completing the chart for this batch of data, today is the observation day.
()#BTC