It's a good thing to spend more time here with ETH; the 4000 range is a major resistance zone. If we had gone directly up yesterday, we would still come down later. It's better to spend some time here and then go straight up later.
Making decisions during the unfolding of a trend is very passive because the winning players already have some profits. They can withstand price fluctuations due to their floating profits and maintain a good mindset, while you cannot, because you lack the advantage of floating profits. Once you encounter fluctuations, your mindset will inevitably be impacted. If the stop-loss level is hit, it's impossible not to stop-loss.
Moreover, many people find the amplitude of the swings within the pattern too small, and the profits from the swings keep narrowing. Therefore, even if the pattern is broken, they will not have confidence in the trend. Restricted by this psychological shadow, they exit at the first sign of resistance, and when a slightly larger rebound or pullback occurs, they doubt the trend, re-evaluating it. The result is often small swing trades with light positions, making a little profit and then running away. If the timing is not right, they not only don't make a profit but also incur small losses. In the end, they may have the correct directional bias but lose money overall.
Therefore, I suggest that everyone try to widen their stop-loss levels at relatively advantageous positions for ETH, increase tolerance for errors, and find the right rhythm.
