The previous move didn't meet the criteria for a valid break below 76k, so I didn't open any short positions to hedge. A valid break below should be strong, with a large bearish candlestick immediately moving away from the 76k level. However, after breaking 76k, the price lingered, fluctuating up and down, and then indeed bounced back up. It seems there are many buyers willing to take the hit. Let's see if it rebounds to 78-79k first. :)