Last night's market saw a half-hour bull run—short positions got wrecked, and long positions also got wrecked. If my phone hadn’t run out of battery, I probably would’ve died in this market too. It’s all market traps. Big ETH orders are sitting at 2880 and 2820. The 2880 orders have been fully eaten up, and now only the 2820 ones are left, with a few big orders still untouched. With these pending orders, the market won’t crash too badly. Right now, it’s all about whether the 2800 level can hold. If it does, I think there’s still room for a rebound. But if you’re asking about a reversal, unless ETH can break above 3300, it’s just a normal bounce. Time to keep looking for good entry points for longs. Waited all day for some action, finally got to the U.S. stock market open, and it only gave us half an hour of trading time. If you don’t play it right, you’re done. This market is a meat grinder—either it doesn’t move, or it destroys your mindset.