In April 2023, shorting ETH (Ethereum) was as easy as withdrawing money from an ATM; the market trend was indeed that way. Who would have thought that by early May, the most liquidated asset would be ETH? I originally thought that at the $2500 mark, this was the bottom—after all, ETH, as the 'second' in the cryptocurrency market, should have strong support. But reality hit hard; I not only got liquidated at this position but also deeply understood that there is no such thing as an 'iron bottom' in the face of trends. Bottom-fishing with contracts is simply a dead end.

In contrast, spot trading is much steadier. Although I did add to my position once, I felt less anxious. After all, in the long run, I still believe ETH's 'second' position won't be too bad. The market may just be undergoing a severe shake-up. The biggest lesson from this wave of market movement is: never fight against the trend, especially in the contract market; respecting the market is more important than blind confidence.

This small profit may not be much in front of the big players, but it is indeed a confidence boost for myself!