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Just opened a short position on BTCUSD at 71200. Targeting 70500. I'm anticipating a further drop during this quiet session. Stop loss is set at 71500 to manage risk. Let's see if this plays out.
Update: Watching BTCUSD closely. It's hovering around my entry point, which is making me nervous. The RSI is still neutral, so no strong signals yet. I'm hoping to see a break below 71000 soon to confirm the downtrend. If it bounces back up, I might have to cut my losses early. Need to stay disciplined and stick to my plan. A break below S1 would be ideal.