The short position indeed had some issues with the entry timing this wave, being a bit greedy. But to be honest, if the stop loss gets hit, it gets hit—consider it paying tuition. My previous long positions were doing pretty well, but I got shaken out by my own emotions, which is a common occurrence.

For traders, hitting the stop loss a few times is inevitable; the key is to manage the risk-reward ratio well. As long as this logical line remains intact, there shouldn't be major problems in the long run.

My approach for ETH is as follows: look for a re-entry to short around the 3150 rebound level, add to the position near 3180, with a stop loss set at 3210. The target range is 3100-3050; if it breaks down, it might head toward 2980.

In simple terms, control the risk, ensure the profit potential covers the potential loss—everything else is just details.