$ETH This round, I almost lost over $8,000. When I think back now, my back is still covered in cold sweat. Here’s what happened: ETH’s price was around $2661. In the past 24 hours, it fell 2.58%. The 24h low was smashed to $2634, and the high was only $2788. Trading volume was actually $12.4B. I looked at these numbers and thought, “It only dropped a bit—time to buy the dip.” So I placed a buy order at $2680, thinking I’d add more if it dipped to $2650. But when ETH truly fell to $2634, I got cold feet—I didn’t add, and only the first order filled. Then the price bounced back to around $2700. I got greedy and didn’t take profit, thinking it could return to $2788. So what happened? ETH turned back down again, and it tested $2634 once more. I couldn’t handle the psychological pressure, and I cut at $2645. By the end of this back-and-forth, I nearly lost more than $8,000—ultimately I actually lost $3,200. My mistakes were so typical: First, I treated “it didn’t drop that much” as “it won’t keep falling,” ignoring the fact that a 2.58% drop on a mainstream coin like ETH, combined with $12.4B in volume, means the selling pressure is real—not just a washout. Second, I clearly set an averaging-in plan, but when the price actually reached my level, I failed to execute because I was scared—this is a discipline problem. Third, when it bounced to around $2700, I used the $2788 24h high as an anchor for what I “should” expect; that’s classic anchoring. The market doesn’t care about your cost basis. The most ironic part is that not long after I sold, ETH bounced back to around $2660—meaning I effectively handed over my fees and the spread for nothing. So I want to use this $3,200 lesson to remind myself, and also remind you: Don’t comfort yourself with “it only fell a little”—look at the volume and the trading range. Don’t set a plan and then not follow it—if you set it, why not execute it? And don’t use the intraday high as your target—that just digs a hole for yourself. For a coin like ETH, with $2634 being tested again and again, it’s either support—or the starting point for the next big drop. Don’t guess. Wait for confirmation. What do you think?