Old coins are catching up, but it still isn’t a bull market—it's currently digesting profit-taking

$BCH The current price is about $273.3, up +1.9% in 24H. But over the past few days, it surged hard from $223 to $305, then pulled back by about 10%, clearly showing high-level turnover. On 8/21 it jumped 29.3% in a single day, with trading volume rising in sync—capital really did come in. However, right now it feels more like it's digesting profits. In the short term, $265 is the key support. If it holds, look for $290–$305; if it breaks down, watch out for $250.