Parabolic extended 5th wave probably not stable

I'm scaling out of 3x leveraged eth back into 1x plain vanilla eth here. This move might go to $250 but it would be quite overextended at that point.

I am looking to move back into 3x leverage after an ABC correction which could very possibly bring price exploration back under $200. I am treating this with patience since it once it makes this ABC correction it might be the last trade I make with ethereum for months or even years because my primary goal is to get a long term position entirely in 3x tokens and hold through a full crypto bull cycle.