Market overview analysis: $BTC (2026-7-16)

It’s exactly the same as my analysis yesterday. As long as it doesn’t break below the support below, you can go long infinitely; if it breaks, it’s only a small stop-loss. Once it bounces back to the upper resistance level, you can take profit. This kind of short-term back-and-forth trading feels really comfortable～
Today I’m giving you two strategies: one long and one short. As long as you read the analysis carefully and watch the order-book/price action, if any of the following situations I mentioned occurs, you can open positions according to my strategy ⬇️
Trading strategies:
Long position strategy: On a four-hour close—so long as the candlestick body does not fall below 64519, you can directly open a long. The stop-loss goes at the new low of the previous four-hour candlestick: 64360.
Short position strategy: As soon as it breaks below 64200, if it quickly breaks and the selloff is accompanied by an increase in volume, you can directly chase the short. A short-term pullback has arrived.