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Last night, when Ethereum approached around 3030, I cleared 90% of my positions. To be honest, the probability of a rebound isn't small, but I chose to stay on the sidelines and not chase the rally — this movement pattern is very similar to the one that occurred in September, which was followed shortly by a black swan.
Rather than betting on a rebound, it's better to focus on defense. I held a short position above 3000, mainly because this price level is unusual: if it holds, it will be difficult to break below easily later; but if it really crashes, it won't slowly decline from 3100, but will directly plunge from above 3200 down below 3000 — there is no middle ground.
So at this stage, it's all about watching the sky. Continued attention should be paid to Bitcoin and SOL's performance as well. In the context of their interconnected pattern, any variable could rewrite the market rhythm. I'll keep observing tomorrow.