$BTC just dropped to 74.6k. So should we short right now?

No! Stay calm

- The price has dropped significantly, shorting now has low risk (easy to get squeezed if BTC bounces back).

- RSI (6)=29: currently in oversold territory, a technical rebound is likely.

Wait for the price to rebound to a strong resistance level to enter a trade with a better risk:reward ratio.

"Better to drool than to shed tears."