$BTC is again retracing with a small downward move, passing through the liquidity resting below. Price is struggling to break the $86,000–$87,000 range and is slowly building a sideways market on the H4 timeframe as well. A breakout in either direction is needed.
$BCH has performed well with the short-selling call, and the price is now rising again towards the strong resistance area of $267. Given this strong bullish move, taking a high-risk short could be a short-term strategy, while anticipating a breakout above the resistance could be favorable for longs.