$BCH may have a liquidity problem… for the bears.
A large amount of short liquidation liquidity has built up above the current price, especially around $221–$231.
If $BCH breaks through $221, short liquidations could add fuel to the move toward $232.
And above that, ~$257 stands out as another dense liquidation zone.
The setup is simple:
Break $221 → watch $232
Break $232 → watch $257
Still, this is a short-term setup. The broader $BCH trend remains bearish.
A large amount of short liquidation liquidity has built up above the current price, especially around $221–$231.
If $BCH breaks through $221, short liquidations could add fuel to the move toward $232.
And above that, ~$257 stands out as another dense liquidation zone.
The setup is simple:
Break $221 → watch $232
Break $232 → watch $257
Still, this is a short-term setup. The broader $BCH trend remains bearish.