Bitcoin $BTC is still pricking the previous high and hasn't broken above it yet. The BTC/ETH exchange rate has reached a resistance level, and Ethereum price has also reached the upper edge of the channel. So $ETH 2086 placed a two-point stop loss short position to test it. The risk-reward ratio is quite good.
Usually Monday morning trends tend to move in reverse direction. When you wake up and see it has already risen, you definitely cannot chase it, especially now $BTC four-hour candle has closed, with price closing below the previous high.