$BCH #BCH If a rebound won’t move, don’t force a deep dip buyout. The short side’s momentum hasn’t been fully given up yet.
K-line timeframe: 1h
My stance: bearish (I only trade the trend; I don’t fight emotion head-on)
$BCH #BCH Execution: short the rebound, and add positions only after key levels are confirmed.
Key reasons: 1) BCHUSDT 24h price change is 23.234%. Current price is around 324.4100, with 24h trading volume about 659.80M; 2) the 1h close dropped from 327.2900 to 324.4100, and the main cycle is still weakening. 3) the 4h close moved from 328.3800 to 324.3200; current open interest is about 471.37K, funding rate is about 0.0100%, and this retracement looks more like an opportunity for shorts.
Risk control level: If 1h breaks back above 329.5500, the bearish view is invalid.
$BCH #BCH End: The direction is set—execution depends on discipline. For reference only and does not constitute investment advice.
K-line timeframe: 1h
My stance: bearish (I only trade the trend; I don’t fight emotion head-on)
$BCH #BCH Execution: short the rebound, and add positions only after key levels are confirmed.
Key reasons: 1) BCHUSDT 24h price change is 23.234%. Current price is around 324.4100, with 24h trading volume about 659.80M; 2) the 1h close dropped from 327.2900 to 324.4100, and the main cycle is still weakening. 3) the 4h close moved from 328.3800 to 324.3200; current open interest is about 471.37K, funding rate is about 0.0100%, and this retracement looks more like an opportunity for shorts.
Risk control level: If 1h breaks back above 329.5500, the bearish view is invalid.
$BCH #BCH End: The direction is set—execution depends on discipline. For reference only and does not constitute investment advice.