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Someone is curious, why are other cryptocurrencies all surging upward while BCH is instead falling? After reviewing the market, I think there’s a bit of a trick here.
Starting from the technical perspective, the 4-hour K-line shows a long upper shadow around 650, followed by a pullback to 640, which clearly has support at this round number. In recent days, the daily chart has been oscillating between 665 and 631, forming a typical high-level consolidation. The MACD histogram on the 1-hour chart has shifted from positive to negative, indicating that the short-term bullish momentum is indeed weakening. Looking at these signals alone, it’s understandable to feel uncertain.
But I want to offer a different perspective — the possibility of BCH moving independently is actually quite low. From the logic of capital operation, this looks more like a trap to induce a short squeeze. To put it simply, the purpose of the reverse move is to get us all back on board. Those who are worried can hold back a bit, leave enough room for adjustment, and wait until the real trend emerges before acting.
The current strategic plan is as follows: a long position on ETH at 3054 and SOL at 134, which are low points. The second tier is basically just waiting for the last push to take profits. There’s no need to exit early, there’s really no need. Set your stop-loss to protect capital, and just go for it.
How exactly to operate on BCH? Go long in the range of 636 to 631, adjusting the details of adding positions based on real-time conditions. The target for the first tier is around 648 to 643, the second tier aims for 663 to 658, with a larger position set at 678.