#特朗普数字资产政策新方向 BCH's recent price action doesn't look too good.

Looking at the 4-hour chart, the short-term support trendline has been clearly broken, and that previous heavy-volume bearish candle has completely ignited bearish sentiment. Now that the key support has been lost, the Bollinger Bands are opening downward, the MACD has formed a bearish crossover and is still heading lower, and increasing volume indicates that selling pressure is indeed rising.

My personal view: you can consider setting up short positions in the 584 to 590 range, with a downside target initially at around 575. If that breaks, 560 is also possible. Of course, make sure to set strict stop-losses—don’t try to tough it out. $BNB