$ETH Currently around 2217 USDT.

I'm more concerned about whether this position has a chance to turn into a profit.

When it’s time to act, discipline comes first; being eager to take sides is less important:
First, observe that a waterfall pattern should quickly make new lows; if it doesn’t fall fast, it’s not a strong waterfall.
Next, prioritize looking for three types of short entries: failed breakouts, end of rebound traps, and key support breakouts.
Additionally, if the position is wrong, even if the direction is correct, it may not be profitable.
Finally, for coins with high volatility, the position size must be reduced accordingly.

A more comfortable entry point: 2235 USDT
Initial target: 2102 USDT
Defensive level reference: 2288 USDT

The most expensive thing in trading is never the stop loss; it’s refusing to admit you’re wrong.
Maintaining the rhythm is more important than rushing to prove yourself.