Shorts entered at 1700 and held until 1779 without flipping to a loss, and the floating loss has narrowed—this swing-trading discipline is indeed strict. Should I wait for a pullback or just cut the loss directly?

CoinJie News: The unrealized loss on the ETH short position of pension-USDT.ETH has narrowed from $6.1517 million (-20.25%) to $3.9567 million (-13.34%). The short position’s average entry price is $1,700.06; the current coin price is $1,779.19; the liquidation price is $2,174.67; and the position size is $88.96 million. This whale typically profits through swing trading. The strategy uses low leverage and short cycles (average holding time of about 20 hours). Large-position trades mainly focus on BTC and ETH; since October, cumulative profits have already exceeded $20 million.