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This shorting rhythm was executed quite cleanly. $ETH started to come under pressure around 2111.63, and I knew I couldn't keep a bullish outlook here. The rally lacked sustainability, but the pullbacks came faster and faster - the market had already written the answer.
Now the price is at 1748.61, with open position profit at +2987.87%. The trend extension is obvious. Most importantly, this isn't a simple decline, but a continuous cash-out after high-level capital withdrawal. If bounces lack strength, the shorts will keep pressing.
Many people were fooled by the small bounces in the middle, thinking it would rally back, but as soon as they chased in, they got crushed. To put it bluntly, trading isn't about watching the show - entry, strength, and rhythm all need to align. For this trade, I didn't rush to close all positions. I'm handling it in batches with an 80/20 split first, and trailing the remaining position with a protective stop to prevent profit drawdown.
When you're in profit, don't get cocky - take what the market gives you. If you haven't entered, don't chase the short. Wait for the next opportunity, wait for a more comfortable position, then decide whether to act.
$BTC $SOL