We may expect that the price will break through that swing low shortly and it will apparently open the road to the previous pivot
of $10.2K with the consecutive bounce and a shallow retrace. And then! There might be a move for making very good money on the way down to $7.6K. All in all the best strategy here would be to keep $11.5K under control and add on to the short positions of yours with every swing high lower than the one before!
Xena Exchange Swinger