$BCH #BCH The buy-side absorption is still there, so a strong coin just follow through.
K-line timeframe: 1h
My bias: slightly bullish (only trade with the trend; don't clash with emotions)
$BCH #BCH execution: pull back to go long, and wait for confirmation of key levels before adding positions.
Key rationale: 1) BCHUSDT 24h price change: 30.124%, current price about 287.5100, 24h trading volume about 450.25M; 2) The 1h close moved up from 286.8900 to 287.5100, and short-term momentum is still pushing upward. 3) The 4h close moved from 283.5700 to 287.6400; current open position volume is about 452.33K, funding rate is about 0.0259%, and the trend continuation is more favorable.
Risk control level: If the 1h breaks below 285.6200 and continues, the bullish bias is invalid.
$BCH #BCH closing: the direction is given—execute with discipline. For reference only and not investment advice.
K-line timeframe: 1h
My bias: slightly bullish (only trade with the trend; don't clash with emotions)
$BCH #BCH execution: pull back to go long, and wait for confirmation of key levels before adding positions.
Key rationale: 1) BCHUSDT 24h price change: 30.124%, current price about 287.5100, 24h trading volume about 450.25M; 2) The 1h close moved up from 286.8900 to 287.5100, and short-term momentum is still pushing upward. 3) The 4h close moved from 283.5700 to 287.6400; current open position volume is about 452.33K, funding rate is about 0.0259%, and the trend continuation is more favorable.
Risk control level: If the 1h breaks below 285.6200 and continues, the bullish bias is invalid.
$BCH #BCH closing: the direction is given—execute with discipline. For reference only and not investment advice.