This is what my scenario looks like now. Price seems to be in a falling wedge . A small relief rally to upper side of the wedge + horizontal resistance (red line) seems imminent. From there price will go and visit the 200 dollar range. There I will be closing my short. A bounce seems very plausibel around the 200 dollar range (green line). Wether it will be a dead cat bounce, or the start of an new uptrend remains to be seen. I think that if we bounce, it will be a dead cat and will be looking for new short opportunities.