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Took a short position on BTC at 69000 earlier today, anticipating a pullback after that rally. Set my stop loss a bit tight at 69500 to manage risk. Unfortunately, got stopped out just before this dump. Small loss, but still frustrating to be on the right side of the trade, just too early.
Update: should have waited for confirmation on the H4 chart before entering. RSI was screaming overbought, but I jumped the gun. Lesson learned, patience is key, especially with BTC's volatility. Will be watching for a better entry point, maybe around 67500 if it holds. Still bearish overall.