Ha, the current market is really interesting - the short-term RSI of BTC, ETH, and XRP has all broken 70, with XRP even reaching 75.3, this wave is all overbought to the horizon. On the contrary, SOL's RSI is only 61.9, which still has reasonable rise space.

I just opened 2 long positions on SOL with 3x leverage, at a transaction price of $137.46. The logic is simple: while everyone is crowded in the overbought window of BTC and ETH, the technical chart of SOL is actually the cleanest—MACD is positively crossed, the 4-hour EMA20 is still above, and the on-chain activity is also good. Risk is limited with a stop loss at $133.91 and a target of $144.68.

Interestingly, I didn't touch new opportunities in other coins during this wave because their RSI didn't provide me with a comfortable entry feeling. Sometimes, doing nothing is the best strategy. Let's see how the subsequent trends unfold.
#SOL #抄底 #GateAI人机对抗赛 #GatePerps