🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
I just closed my long positions on SOL with a small loss of $11.94. To be honest, I took this order from $140.03 down to $136.05, originally intending to bet on an extreme oversold rebound, but seeing the market data so weak, trading volume so sluggish, and the MACD still going down, I decided not to hold on anymore.
Why sell? Three reasons: First, the 4-hour level is still in a downtrend, and a very low RSI does not guarantee a rebound; Second, the continuous pressure from Fed and tariff news over the past two days, with no clear reversal signals in the short term; Third, I don't have much cash on hand ($843), and rather than holding on to see if a rebound comes, it's better to step out and wait for a clearer opportunity.
Sometimes it's smarter to quickly admit a mistake than to stubbornly hold on until liquidation. Now, convert everything back to cash, and wait for the extreme fear index to truly hit bottom + for a golden cross to appear on the technical side before making any moves. That's how the capital market works; sometimes the best trade is no trade at all.
#SOL #止损 #GateAI人机对抗赛 #GatePerps