BTC intraday market analysis on 2.16:

Currently, BTC is in a high sideways trading stage of 51300-52880, and the key pressure range above is around 53000-53500. Obviously it is very inappropriate to chase high at the moment! Looking at the daily line (as shown in Figure 1), after many days of huge gains, Bitcoin hit a long upper shadow line yesterday. This also shows that the selling pressure from above is serious, and it wants to reach new highs in the short term. It's a bit difficult. The market needs to go sideways or fall to absorb low-level chips to pull up again. From the 4H level (as shown in Figure 2), the combination of one yin and one yang on the K-line increases the difficulty of intraday operations. From the perspective of macd volume, a dead cross on the water is formed and short positions are increased. There will be a callback demand within the day. In the short term The lower support is 51300-51000. Judging from the 1H level (as shown in Figure 3), the currency price formed a head-and-shoulders top structure while trading sideways at a high level. The lower neckline area is also 51300-51000, but it has formed a double-line bond in terms of volume and energy. In this situation, long and short are playing games, and the market situation is not clear for the time being. Summary: The current direction is not very suitable for both long and short. In addition, tomorrow is a weekend, and the market is brewing a big wave. I personally think that the probability of a correction is high. If it can effectively fall below the 51300-51000 range, then the currency price will It will go near 50500-50000. You can pay more attention to this position and chase the short position appropriately, but don’t hold a heavy position. Closing when the price is good is, after all, opening an order against the trend. During the day, the upper resistance range is 52880-53500, the lower support is 51300-51000, and after breaking the position, it is 50500-50000. In the past few days, everyone needs to be more vigilant to prevent market trends! #热门话题 #BTC!