This week has been another week of getting schooled by the market. Consecutive stop-losses reminded me of those painful memories during the National Day holiday.

Let me talk about my trading logic: first, determine the overall direction—bullish or bearish. In a bearish market, wait for a rebound to short; in a bullish market, look for a pullback to go long, and if there’s a breakout above resistance, jump in and follow the trend. Sounds pretty simple, right?

But this week’s price action has been just as bizarre as it was during the National Day period—breaking below support and then instantly snapping back, followed by a slow, grinding upward move, with each resistance level gradually being broken. The bulls never give you a chance to get in at a low price, while the bears just have to watch their stop-losses get triggered one after another.

The most heartbreaking thing was during the National Day holiday: after finally waiting for a pullback, all the gains were wiped out in just two days. When the price rises, it climbs the stairs slowly, but when it falls, it takes the elevator down.

Still, I need to stick to my trading system. Now, I’m just waiting to see if ETH can offer a decent entry opportunity. Really hoping for a smooth trending market instead of this endless back-and-forth.