According to @EmberCN, a trader known for his swing trading strategies is currently facing a loss in his twelfth trading cycle due to the recent decline in ETH prices. However, he appears to be holding his position as he transferred the ETH purchased on September 29th to Aave just three hours ago. In a previous instance, during his sixth trading cycle in early September, he experienced a similar situation when ETH fell after he bought it at $2,345.