If this short position had been opened as a put option instead of stop loss, it would have been another profitable strategy!

But that's how trading goes! Back to the charts!
Since the sentiment turned bearish and I stopped out on the upside yesterday, I was planning to short again after the Fed's spike higher!
However, I didn't expect the market to drop directly without giving me the opportunity, so this short trade strategy ended up being a missed entry!
As we approach the weekend, having missed the short setup, I'll now go into cash and wait to see on Monday! On the big picture direction!
I might consider opening a short-term long around 6.8 if there's an opportunity!
Trade when opportunity presents itself, wait when it doesn't! The real major reversal is still in the 5.2-5.6w range below the Bollinger Bands on the BTC monthly chart!