The price has risen to the 16000 point integer level, which is under pressure. When the price breaks through the 16000 point, it retraces, and the 16000 point again plays a supportive role in the market. Although the integer level is not a resistance or support level in technical analysis, as more people use it as a resistance and support level, it naturally becomes one. In trading, whether in an upward trend or a downward trend, investors should not close their positions as soon as the price reaches the integer level; they must observe the situation after the price reaches the integer level. After all, the integer level is just a psychological resistance and support level for many investors. If the market shows a clear stagnation in rising or a stop in falling after reaching the integer level, then a reasonable strategy can be chosen based on technical analysis.
