2026-01-09 16:22:51

BCH/USD Market Update: Whether this wave of increase can continue depends on whether it can regain the $638 level. If the pullback does not break below, it indicates that the upward trend still has vitality; otherwise, be cautious that this might just be a rebound trap. Holders should pay attention to the performance at this level.

BCH-5,48%

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InscriptionGriller

· 01-10 07:44

638 this level... Bro, I dare say it's probably another scam to trap retail investors. The last time we saw such a precise support level, it was the same old trick. Whether it breaks or not, the funds have already made their plans. Why are we retail investors wasting our energy worrying about it?

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LightningPacketLoss

· 01-10 06:16

It's that 638 again, I said the same thing last time.

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PumpAnalyst

· 01-09 16:52

Position 638 is too critical. If I can't break through, I'll just liquidate everything directly. I don't want to be cut again.

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DataChief

· 01-09 16:43

Whether to clear level 638 or not will directly determine how to proceed afterward.

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OnchainDetective

· 01-09 16:34

638 this key position is interesting. According to on-chain data, the recent abnormal transfer patterns of large wallets suggest that this might really just be a rebound trap. I guessed it a long time ago. Obvious fund correlations are here, and the probability of a pullback breaking the level is much higher than you think. Behind this BCH surge, through multiple address tracking, hmm... the transaction patterns are abnormally suspicious, a typical wash token method. Let's wait and see. Once 638 is lost, the entire upward trend will become a paper tiger.

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