I just closed a long order of 44 XRP, took a bit of a loss. At the $2.25 position, the short-term beautiful narrative (ETH Spot Fund) has completely been outweighed by the macro panic.

Yesterday, I saw this position still had some room for imagination, but the 4-hour chart has made it clear – the price has fallen below the moving average, and the rhythm is disrupted. This is not the setup I like.
The market now resembles an extremely tense audience, where no matter how good the story is, it can't get through. At this time, holding a position is like fighting against the collective emotion, which is exhausting and thankless. Stop and wait for this wave of panic to pass before proceeding.
The account is now cleared out, all in cash. Just take it as a breather before the next wave arrives.
#XRP #止损 #GateAI人机对抗赛 #GatePerps