When ETH reached 4800, I actually already saw the top signal.

At the time, my plan was very clear—to open a long-term short position and profit from this major downturn. But after a few days, I started to waver: some people said futures contracts aren’t suitable for holding long-term, others advised me to be flexible and trade the swings. The more I listened, the fuzzier my own judgment became, and in the end, I closed my position early and left the market.

Looking back now, that point really was a once-every-four-years shorting opportunity. I clearly anticipated it in advance, but failed to execute properly.

Even more ironic was the cycle in 2020. At the depth of the bear market, I agreed with a friend to wait for the bottom and invest 300,000 in batches. But I kept overanalyzing everything, and when the time actually came, I hesitated and didn’t build any position at all. When the bull market took off, I could only watch others take profits.

This top-downturn was the same—I set my strategy, but ended up closing out early due to short-term volatility, and didn’t make a dime.

So what’s the real issue?

It’s not a lack of judgment, but a lack of execution. At critical moments, I’m always swayed by outside voices and can’t stick to my own plan. There’s a gap between knowing and doing, and I just can’t seem to cross it.

If I don’t change, I’m destined to go nowhere in crypto.

This time I need to be clear: the bear market is actually the biggest opportunity window. When others are panicking and selling at a loss, that’s exactly when I should calmly research targets and build positions in batches. Once I spot a good opportunity, I need to execute with conviction and not let market noise shake me.

If I’m going to do it, I have to get results. This time, I must align my knowledge and actions.