Exactly. Everyone will have a different trading plan, different entry points on a trade, etc.. E.g.- for someone looking to position for what could be a 10-20%+ drop in QQQ, they might plan to start scaling into short positions when a rally looks to be in the final stages by strategically scaling in (shorting in incremental lot) on rallies into resistance and/or breaks below support. Stops can be a hard (single) stop or, what is typically my preference on swing & trend trades, a stop-out “zone” where I will have stops strategically set (i.e.- somewhat above key resistance levels that ‘should’ contain any rallies, set just above where the market-makers & algos are likely to pop that support in order to clear the stops..i.e.- a stop raid)

Divergences & other technicals, especially sell signals via support breaks, on the daily time frame will override bullish developments on the lesser intraday time frames for me.

Personally, I trade Bitcoin & Ethereum futures; /BRR & /ETHUSDRR. There’s also a micro Bitcoin futures contract, /MBT, that uses a smaller multiplier (leverage factor). Not sure if they have a MINY or Micro futures contract for ethereum.

BITI is the proshares short Bitcoin ETF & if you don’t trade futures, any of the what I call “bitcoin proxies” such as RIOT, OSTK, COIN, HIVE, MARA, etc… typically rise & fall with bitcoin & ethereum.

if you trade futures the “MET” trades at 10% of the etherium price
movement

I use BITI

Also we as a trader, we should keep our stop loss on every trade and if so at what level will you put stop loss on QQQ? We cannot just keep adding short on every rallies right?