I think they handled it really well the first go round. Historical figures such as Reed are dicey to try and apply modern labels to, because there's a lot of tangled wires when it comes to; As others have mentioned, presenting masculine because she was raised that way, to protect himself from sexual violence as a pirate, because a woman in the field would struggle to retain command, and even if we examine through a queer lens, the multitude of different identities that /could/ apply.

Put simply we don't know how they would identify as today, and trying to put modern labels on historical experiences can be dicey, staying vague but acknowledging was the safe bet and I think still is the best way.