Intraday, you can consider the following two approaches:



Shorting (primarily high-level shorts, current priority strategy): If the price rebounds to the $1,995 - $2,025 range and shows signs of weakness, consider a light short position. Target $1,950 - $1,930, with a stop-loss suggested above $2,040.
Longs (secondary, only for oversold conditions): If the price retraces to the $1,910 - $1,930 range and shows signs of stabilization, consider a small short-term long position. Target $1,960 - $1,990, with a strict stop-loss below $1,890.
Trend-following trading: If the price effectively breaks below $1,890**, the short-term trend turns bearish, and you may consider chasing the short, targeting $1,850 - $1,800. If a strong breakout occurs above **$2,040, consider chasing the long, with a target of $2,080 - $2,100.
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