$BCH BCH/USDT上涨 27.86%， now the most critical thing isn't chasing the direction, but whether the price can hold the key range.
Current price: 341.5 USDT
24h high: 347.4
24h low: 261.6
Trading volume: ~102,861,864 USDT
The current price is approaching the upper end of the 24-hour range. Volatility has clearly expanded, and the risk of chasing and selling impulsively is also increasing.
My view: Only a breakout on higher volume that surpasses the high and holds its ground would indicate the momentum is still there; if it falls back within the range, you need to guard against short-term sentiment cooling off. Instead of chasing a single candlestick, it’s better to wait for the price to give an answer at the key level.
Do you think BCH will break above 347.4 first, or will it pull back to confirm?
For market information only and does not constitute investment advice.
#BCH
Related contract:
Current price: 341.5 USDT
24h high: 347.4
24h low: 261.6
Trading volume: ~102,861,864 USDT
The current price is approaching the upper end of the 24-hour range. Volatility has clearly expanded, and the risk of chasing and selling impulsively is also increasing.
My view: Only a breakout on higher volume that surpasses the high and holds its ground would indicate the momentum is still there; if it falls back within the range, you need to guard against short-term sentiment cooling off. Instead of chasing a single candlestick, it’s better to wait for the price to give an answer at the key level.
Do you think BCH will break above 347.4 first, or will it pull back to confirm?
For market information only and does not constitute investment advice.
#BCH
Related contract:
