The trading rhythm has been quite good these past few days. Ssv has basically stabilized at a relatively high point and then bought back at a relatively low point. The only issue is that the Xai position has not been resolved, and I can only watch it go up and down like a roller coaster, fluctuating by $20,000. This is the passive state of being trapped. I definitely won't be adding to my position, but I still have a positive outlook.
At 3 a.m. on the 19th, there will be a Federal Reserve interest rate meeting, and in the morning on the 19th, there will be a Japanese interest rate meeting. Although the results are likely to be a 25 basis point rate cut in the U.S. and Japan announcing no rate hike, risk-averse funds will still choose to stay in cash and observe. This is also the reason why altcoins have repeatedly failed to break through recently, as there is a large amount of selling at high points.
My current strategy is also not to open new positions, maintaining a 1x position for defense. I will enter again at lower points around the early morning of the 19th. After the news on the 19th is released, altcoins will truly begin to show an upward trend.