The 2400 level already counts as normal retracement; the high of around 2388 is about right. A month ago, I mentioned near 1900 that even though it's a bear market, there would still be a retracement to 2400, and I got criticized for it.

Currently, our position has reached its target. I've added to my short position near 2400 and can basically deploy about 30% of my position now, but I can't go all-in yet because Bitcoin theoretically needs to simultaneously retracement to 78k, which at that point would correspond to Ethereum at 2400. However, Ethereum has already moved ahead, so we need to observe a bit more.

The liquidation price needs to be controlled at least above 3000. My bear market hasn't ended yet—this is not the beginning of a bull market.