The trend of Ethereum after breaking the historical high has actually given a very clear signal!
Those who are "trading against the market" have already been washed out.
There are always people in the group calling out, "It's about to drop, time to buy the dip!" and "New highs must drop, short it!" — these are all actions of "trading against the market", and most of the time they end up getting washed out:
Some bought the dip at $4700, sold at $4800 thinking, "I'll take my $100 profit and leave", but within a few days it went up to $4900, missing out;
Some shorted at $4900, thinking, "It's going to pull back now", but ETH stabilized at $4800 without dropping, and after holding for 2 days, they stopped out, losing $100 per coin.
After reaching a new high, there was a volume correction, and then it rebounded — this clearly shows that the market is undergoing a rotation of positions. It is very normal for positions that were previously stuck and some profit-taking to choose to exit at this point.
In a bull market, the worst thing is to "use your own ideas to trade against the market" — thinking "it's about to drop" or "it's gone up too much" is all subjective judgment; it’s better to look for objective signals: if there are buyers, it can stabilize, and the ecosystem is growing, then you should hold on, instead of going against the market.
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