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This $ETH short wasn't aggressive, but the rhythm was smooth.
From opening short at 2185.21 to now 1792.35, the bulls did try to push up in between, but they went limp as soon as they hit key levels. This kind of price action has essentially written out the answer.
At the time, many still thought there would be a reversal engulfing, but I saw the bounces getting weaker and weaker.
The core judgment was straightforward: no buying support at highs, shorts continue to dominate.
Currently floating profit is +3123.95%. I won't gamble on market sentiment for now. 80% take profit and lock in, 80% keep position to observe. If it can continue, I'll follow; if not, I'll exit.
There were actually signs earlier, but many people were unwilling to admit the weakening.
Protective stop has been set. After securing profits, you must be even more disciplined.
If you missed it, don't chase now. Chasing shorts after a sharp drop is uncomfortable. Wait for the next structure to give an entry.
$BTC $SOL