The recent market movement of Ethereum is indeed testing traders' psychological defenses. Short positions are being repeatedly liquidated, while the bulls seem to be well-prepared. Some traders have stated that the previously set support around $3000 has failed, and they are about to add margin to maintain their positions. In this situation, the dilemma for many is whether to continue holding and wait for a reversal or to cut losses and take profits promptly. This kind of market fluctuation often exposes flaws in trading plans. It also prompts a rethinking— in the face of such market conditions, strict risk management may be more important than predicting price directions.