The bearish outlook for Ethereum this round is still quite clear.

Last night’s trade peaked at a 1.3x return, so I closed most of my positions after taking profits—better safe than sorry. For the portion I kept, I moved the stop loss to 3230 and continued to hold. The price dropped to around 3060 at the lowest, which netted me another hundred-plus points on that leg.

I originally planned to close it before going to bed, but I was so tired that I fell asleep... Woke up this morning feeling a bit of regret, but it’s still okay overall.

I’ll keep monitoring today. If the pattern doesn’t break down, I’ll continue to hold. At the current level, ETH still looks bearish in the short term.