#BTC

BTC5.16 Thursday trend analysis:

K line pattern:

●The recent K-line shows that price fluctuations have intensified, especially after a large rise between 20:00 on May 15th and 03:00 on May 16th, it fell back.

●The latest K line (07:00 on May 16th) is a small positive line, and the closing price is higher than the opening price, indicating that the buyer's power is slightly stronger.

●There was a continuous downward trend from 19:00 on May 14th to 02:00 on May 15th, and then the market reversed upward.

Volume:

●Trading volume increases when prices fluctuate significantly. For example, the sharp rise at 20:00 on May 15th was accompanied by a significant increase in trading volume, which shows that there is strong support for this rise.

●The trading volume has been relatively stable in the past few hours, and there has been no abnormal increase in volume, indicating that the market has entered a relatively calm state.

BTC back pressure operation: more

Point: 64600

Target: 67000

Defense: 800

A good stop loss band is used to prevent the market trend from reversing and causing losses to expand after breaking through this point.