We are a few steps away from the approval of an ETF, which will likely cause growth. But this is the crypto market; expecting it to act according to our vision is not always a good idea. Therefore, I want to keep the short position active while it is still viable.

Based on this, I am simply reducing my risk to zero. There is a great point that will protect my position in case of anything — the new S/R level formed at $3480. Either it holds the price, or the price breaks through it, and then there is no point in staying in the short position.

Let's see!