At its peak, I made close to a million. Didn't cash out, now it's down by half. ETH's smaller time frame trend has broken down, failing to hold strong above $3000. The auto take-profit I set for the smaller time frame breakdown was triggered, and profits have retraced by about half from the peak. My live trading account is close to a new high! Looking back at this wave, ETH repeatedly tested the $2780-$2800 range but never managed to break through effectively. Short-term profit-taking concentrated here, and the price dropped. At the time, Elliott Wave analysis also pointed to $3000 as the ideal short-term target, but failing to break through meant it was time to take a breather. Now the price is around $2680, down just over 2% in the past 24 hours. The key support below is at $2650-$2660, which is the critical defense level for this round of gains. As long as it doesn't break down effectively, the bullish structure remains intact. The short-term resistance above is at $2720-$2750, and any intraday rebound is likely to face pressure in this range. My trading logic is simple: if the smaller time frame breaks down, it’s broken. When the rules are triggered, I execute. I've already taken all profits now! If $2650 holds, there’s still room for the next wave. If it doesn’t, I’ll accept it and won’t fight the market.