This drop wasn’t sudden—there were signs of weakness at the high end long ago. A few times when $ETH tried to push higher, it couldn’t break through. On the surface it looked fairly strong, but in reality every time it was pumped, there was no real buyer stepping in. What really made me alert was this kind of fake strength— the more it grinds, the more it starts to look like distribution.

Shorts taken from 2111.63 now: the price is already at 1772.8, with current profit +2788.77%. Someone in the middle asked whether to flip long, but I didn’t move. The reason is simple: the structure hasn’t been repaired yet. The pullback is only giving shorts even better suppression levels.

With the market’s downside potential now more fully released, brothers with bigger positions can consider processing it in batches using an 80/20 split: first lock in most of the profits, and keep a bit of the rest to see whether the trend extends clearly or not. A protective stop must be included—don’t let a single pullback throw off the rhythm.

This kind of selloff tests patience the most. If you didn’t enter early, don’t get carried away just because you see a profit chart. Don’t chase the order, and don’t go in at the most emotionally overheated point. Wait for a more comfortable level.

$BTC $SOL