Old Wine Trading Diary: Daily Interpretation 5.16

① Intraday ultra-short-term pressure: 67000-67200

67000-67200 is a strong pressure area. To break through, you need a medium to large positive line. Otherwise, it is very easy to cause an hourly retracement. Effectively break through 67000-67200 and look to 68500.

② Intraday ultra-short-term support: 65200-65500

From this moment on, if the market does not rise but falls. When the price reaches 65200-65500, wait for an opportunity to go long.

Summary: The trend has reversed and will last for at least a week. Buy on dips, don't short when bearish, or, short when bearish, stop loss must be included. #BTC走势分析