https://www.tradingview.com/x/mqlKRn9e/I think the fall of ETH is not over yet, there will be a lower price, I will temporarily consider closing the short position at the price position that falls to around 200 next time.
It's still possible indeed, better to make deeper assessment and stay focus with your next entry, if ETH goes to that level again more investors will buy in again and start pumping this coin back, there's a need of being practical and making money needs to have more patience, good luck OP.
In fact, in this market right now, I would not even consider any assessment than to just wait for a clear direction. We have seen bitcoin succumbing to bear pressure and we all know how bitcoin can generally have an effect on the whole market perspective when it comes to bullish or bearish.
I would rather be paying a whole lot of attention on bitcoin now to know how the market would obviously be doing in the short term as well. However, the OP is really doing a good job looking at how he is really going on with his strategy or will I say in this case, the automated trading system he is using and I wish him good luck.