#USChinaTradeTalks

BTC mentioned yesterday that the resistance level in the 106100-106700 area was blocked. The previous central low point was just 15 points short of reaching it, so we temporarily view this as the end of the 4-hour rebound.

Because 106482 previously formed a central point on the 30M chart, this central point disrupted the earlier 4-hour central point, which means we need to continue with the daily chart, either with a 4-hour consolidation downward or a 4-hour downtrend.