Continuing from last time, I built a short position at 72,700. There are signs of a top forming on the smaller timeframe, and it's about to touch the resistance line above. Since there's still some distance from the previous high, shorting offers better risk-reward than chasing longs because there's strong selling pressure above the previous high—it has failed to break through multiple times, and this time will likely be a bull trap as well.

Additionally, the secondary high shows a top formation pattern. If my prediction is correct, the risk-reward is quite attractive. From the current view, the smaller timeframe needs one more acceleration segment before it's mostly complete, around 73,500 or 72,000. At these two levels I'll consider adding to my position.

For this short-term bounce-back, I still view it as a secondary high with a higher probability of being a bull trap. This aligns with my predicted trend. If it directly accelerates and breaks through the previous high successfully, my short position will stop out immediately.