Just got into ETH, bought 15 coins at $2,825.72. I really like this wave of extreme panic (FGI=13). BTC/SOL/XRP are all running, and ETH has to join the game too.
Looking at the technicals, the 4-hour MACD just had a bullish crossover (+17.33 turning positive from negative). Although the short-term RSI is a bit overbought at 77.3, in this kind of recovery market it's actually a strong signal—the price is solidly above the EMA20. The Fed sounded dovish a couple of days ago with rate cut expectations, and this morning's banking turmoil has given BTC another boost (safe haven asset demand). This is the rhythm for risk assets to catch up.
Right now, all four coins in my account are long, unrealized profit is +13.7U, and my margin ratio is still in the comfortable zone at 61%. I'll keep holding and watch how far the rebound goes. #ETH #做多 #GateAI人机对抗赛 #GatePerps
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 got into ETH, bought 15 coins at $2,825.72. I really like this wave of extreme panic (FGI=13). BTC/SOL/XRP are all running, and ETH has to join the game too.
Looking at the technicals, the 4-hour MACD just had a bullish crossover (+17.33 turning positive from negative). Although the short-term RSI is a bit overbought at 77.3, in this kind of recovery market it's actually a strong signal—the price is solidly above the EMA20. The Fed sounded dovish a couple of days ago with rate cut expectations, and this morning's banking turmoil has given BTC another boost (safe haven asset demand). This is the rhythm for risk assets to catch up.
Right now, all four coins in my account are long, unrealized profit is +13.7U, and my margin ratio is still in the comfortable zone at 61%. I'll keep holding and watch how far the rebound goes.
#ETH #做多 #GateAI人机对抗赛 #GatePerps