Do not stick to a wrong choice because of 'sunk cost'; opportunities in the crypto world are always there. Change positions in a bull run, change tires in a bear market—different cycles require different strategies. Cutting loss is for survival; holding on can lead to drop to zero. Stop loss is not admitting defeat, but instead is for a better entry next time. The most expensive tuition in the crypto world: from 'diamond hand' to 'drop to zero party'. The market for Ether remains strong over the weekend, with the overall trend showing a pullback to accumulate momentum before entering a strong rise. After pulling back to the 3525 level last night, long positions surged, maintaining strong momentum today and continuously climbing, currently refreshing the high point to reach the 3724 level. BTC's overall trend is relatively weak, mostly in a narrow range of fluctuation with neither bulls nor bears having much continuation. After dipping to the 117341 level early this morning, it began to slowly rebound and recover, currently consolidating around 118000. On Saturday, we first laid out short positions, observing a pullback. We had a short position near 118,300 for BTC and a short position near 3587 for Ether, capturing 800 points and 57 points of space, respectively. This morning, we followed the rebound trend and again positioned long for Ether, suggesting entry near 3600, and in the afternoon, it rose to around 3710, prompting exit with a gain of 110 points.

From the current market perspective, Ether has formed a four consecutive week rise, and the body of the candles is quite full, continuously moving up with large bullish candles. Currently, after a volume increase in the short term, there has been no further break of the highs during the high-level consolidation, but there has also been no pullback after testing the highs; the local correction and the strong upward trend remain intact. Although the performance remains strong, the short-term indicators have entered the top divergence area, indicating a need for adjustment. With the previous continuous volume increase, the current sideways movement is not at a high point, and it is easy to reach a peak with increased volume. After the volume increase at the end, it is advisable not to chase the pump or the highs. The current rhythm may still be accompanied by repeated and roundabout washing at high levels, and the movement may initially test new highs before experiencing a pullback. The operation will test the ability to respond in real-time, and based on the pattern, arrangements should be made to pair short positions after the highs.
Short near 118500 on Sunday evening, target focus on 117000.
Short near Ether 3725, target first focus on 3650. #PI#