ETH | Short 🔴 | Bearish | 15-minute 24-hour: -2.24% | Volume: 7060.6M USDT Short rationale: Price below EMA200; EMA20/50/200 are bearishly aligned; RSI14 is 37.6; MACD histogram is negative; ADX14 is 27.1; volume is 1.18 times the 20-period average; trend pullback/continuation. Entry: 2384.21 Stop-loss: 2402.72 Take-profit 1: 2361.08 | Take-profit 2: 2347.2 | Take-profit 3: 2328.69 Entry price is for reference only; do not chase the trade. The strategy is invalidated if the stop-loss level is hit. Technical analysis only; this is not investment advice.$ET

I spent another whole night last night looking at the charts of various meme coins. Honestly, it was exhausting. I also tried social mining and issued a bunch of fan tokens, only to realize in the end that attention is impossible to quantify—your hype is someone else’s fuel. Pretty ironic. I’ve learned my lesson now. Let the excitement be the excitement, but I’ll always keep 30% of my wallet in ETH untouched, and use the remaining 70% to chase narratives. As for setting stop-losses, I used to think it was being overly dramatic, but now I think…whatever, just stay alive first. If I hadn’t sold that shitcoin after it doubled, it would probably have gone to zero by now.

$ETH On reflection, when trading crypto, first look at the broader trend—the daily chart. From the daily chart, it will continue falling to 2200 before recovering.