BCH's recent trend indeed tests patience. Compared to those coins with obvious trends, this four-hour cycle appears particularly tangled, oscillating back and forth over the past six months, offering traders little comfortable trading experience.
But it is precisely this kind of tangled movement that makes opportunities more likely at critical points. Currently, BCH has touched the 650 resistance line for the fourth time, which is no coincidence—this is the market repeatedly testing support and resistance levels.
For trend traders, all resistance and support levels were already clear in the analysis two weeks ago. In the face of a true trend, these seemingly solid key levels are actually as fragile as paper. Once broken, it signals a one-sided market.
The significance of the 650 price level is that it is both a key price point and an entry point with a relatively high risk-reward ratio. Such positions are rare. Only by going long or short here can you use the smallest stop-loss to aim for a sufficiently large profit.
Many friends have either been consistently dollar-cost averaging short positions or been trapped at high levels. The current situation is that the market has given you an opportunity to verify the trend direction at a very low cost. This is the kind of position where "it's worth taking a gamble."
The risk-to-reward ratio is right here—what matters is whether you can make a decision at this moment.
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GateUser-8605df97
· 13h ago
Hold on tight, we're about to take off 🛫
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GasFeeCryBaby
· 15h ago
650 has been tested four times already. This time it either breaks or gets repeatedly crushed. I'm betting it breaks... wait, I'm betting I get trapped.
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DeFiAlchemist
· 15h ago
the 650 resistance acting like a philosopher's stone—testing it four times suggests the market's conducting its own transmutation ritual. risk-adjusted positioning here is genuinely chef's kiss if you can handle the volatility arithmetic.
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AirdropAutomaton
· 15h ago
I've been watching the 650 level for half a year. When it reaches a critical moment, it's really a test of mentality—either go all in or pull out completely, with no middle ground.
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AltcoinTherapist
· 15h ago
It's already the fourth time at 650, and you're still hesitating. Can't hold on a bit longer.
BCH's recent trend indeed tests patience. Compared to those coins with obvious trends, this four-hour cycle appears particularly tangled, oscillating back and forth over the past six months, offering traders little comfortable trading experience.
But it is precisely this kind of tangled movement that makes opportunities more likely at critical points. Currently, BCH has touched the 650 resistance line for the fourth time, which is no coincidence—this is the market repeatedly testing support and resistance levels.
For trend traders, all resistance and support levels were already clear in the analysis two weeks ago. In the face of a true trend, these seemingly solid key levels are actually as fragile as paper. Once broken, it signals a one-sided market.
The significance of the 650 price level is that it is both a key price point and an entry point with a relatively high risk-reward ratio. Such positions are rare. Only by going long or short here can you use the smallest stop-loss to aim for a sufficiently large profit.
Many friends have either been consistently dollar-cost averaging short positions or been trapped at high levels. The current situation is that the market has given you an opportunity to verify the trend direction at a very low cost. This is the kind of position where "it's worth taking a gamble."
The risk-to-reward ratio is right here—what matters is whether you can make a decision at this moment.