Personal views on BCH during the day
The upper resistance is 330, and the lower support is 260-230.
The daily line has been shrinking, and the net outflow of funds continues to increase.
Indicates that the market has insufficient confidence in the market outlook in the short term.
From this, I can draw my personal opinion: the following behavior dominates the overall direction. During the Asian and European time, the oscillation will fall back, while the U.S. time will rebound first and then go down.
If Asia-Europe time can fall back to around 260 to receive short-term support, then it is expected to rebound to around 306-315 in the evening, and it is not ruled out that 330 will be breached.
If the Asia-Europe time falls directly to around 230, then it can only rebound to around 290 at most in the evening and dive again to hit a new intraday low, but this is unlikely (unless BTC can fall directly to drive its outrageous downward trend)
All in all: before it falls back to around 200, the key position is 180, maintain the high level idea, and the rebound will be
