BTC's 2-week line showed obvious long-short divergence after July, which may be the reason why it is particularly difficult for right-side traders in the secondary market in the past two months;
The repeated engulfing Yin line and strong rebound Yang line are completely different from the market structure before July. It is difficult to say who has the advantage here, but if you look further, many rules conform to the principle of "no more than three times", so you can get a clear direction within a month;
I would recommend paying attention to the changes in this tug-of-war state. Based on the closing state of the 2-week line, which side first weakens and destroys the original structure during the process of going back and forth, then the other side is the obvious winner.
Now it seems that the shorts have exerted their strength twice in a row, and although the bulls have retreated slightly, they have fought back and forth, and they can get back most of it every time, so the two weeks after the interest rate cut should be the moment of the final battle. The trend tracking strategy has been going on for half a year, and it should be time to get out, right?
