Bitcoin has risen above 77,000; consider opening a small short position at the current price.

As we discussed this morning, Bitcoin rebounded from around 76,000 last night, reaching a high of around 77,400 this morning. Since then, it has been fluctuating within a narrow range of a few hundred points, and the current price has rebounded above 77,000. You can consider a small short position initially, and add to the position if it reaches 77,500-77,800, with a target of 76,000-75,000. For further discussion on trading strategies, please see the homepage.