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That recent wave of sell-off was very critical. $ETH is not a normal pullback, but a concentrated release after multiple failed attempts to break higher.
My short position entered at 2185.21, current price is 1760.51, current profit +3376.32%, and the trend extension is obvious.
What really caught my attention were those previous upward pushes—volume couldn't keep up, but the price was still holding on. This kind of market is most prone to a sudden reversal.
Many people see a consolidation and think it will continue to rally, but I feel that things are already off here, especially as the pullbacks are getting weaker, indicating that support is starting to loosen.
Now that profits are realized, those with large positions can take partial profits gradually. Don't gamble it all in one go with the market.
For the remaining positions, set stop-losses properly, give it some room, but don't let profits slip away.
Those who missed this move don't need to chase, especially don't chase during pullbacks. The market has fluctuations every day; wait for the next position with higher certainty.
$BTC $SOL