How long will the long-short stalemate last?

7 days ago
The market was capped and fell yesterday, ending the upward rebound since June 19. Because of this bounce: 1. BTC, a "key signal" appeared on the daily chart, indicating that the market is about to choose a direction after the rebound; 2. According to the closing price and opening price of the "key signal", the key position is 19271; 3. The first step in the market needs to probe this position. According to this, the one-way direction is mainly short; 4. After the market hits 19271 downwards, focus on whether the closing price of the 4-hour chart can break below 19271; 5. If the position cannot be broken, the market may get out of the structure of the inverted N-shaped rebound and continue to rise; 6. If the closing price of the 4-hour chart breaks below this position, the market is bearish, and a downward trend should be launched, with the target near the previous low of 18,000. Meet everyone at 20:00 every night in the live broadcast room of Coin Exchange to decrypt the candle chart~ Fixed Tencent Meeting ID: 538 626 0025 Click the link to enter the live room: (Note: The live broadcast content is provided by third-party analysts for learning and reference only, and is not intended as investment advice for anyone.)
This indicator mainly tracks data movements related to the BiKing exchange contract and analyzes its potential impact on the relevant coin price quotes. (Do your own research. It's not a financial advice.)