Quick recap on this short position: With BTC in an overall uptrend, it failed to break 82,000 and formed a daily-level head-and-shoulders reversal around 79,500. The price moved toward the lower resistance near 74,000 but rebounded from 74,200 without breaking through. In reality, the daily-level downtrend is still intact, just weaker. Around 78,000, there was a 4-hour level volume drop, which created this short position opportunity. However, opening a short at the daily level wouldn’t really offer a good risk-reward ratio.