Range layout: Try to go long with light positions near 16500-16600, try with small stop loss, and steadily focus on the vicinity of 16000-16200.
The 4-hour chart continues to maintain the Bollinger Track shock, the market is under pressure below the RSI indicator, and the range resistance is around 174300-17500. BTC continues to test lows below, and the support in the lower range should be paid attention to around 16000-16200. The market outlook will narrow and open at any time. It is recommended to follow the trend if it breaks through the range.
The 1-hour mid-term moving average maintains shock, MACD weakens, and is under pressure near the zero axis. The short-term platform resistance above should pay attention to around 16900-17000. In addition, the short-term range has not fallen below. In 15 minutes, the previous low position below can be watched around 16500-16600. If The short-term pressure is downward, and it is recommended to be further bearish.