#美联储重启降息步伐 BCH recent trend:



Looking at the 4-hour chart, the short-term support trendline has already been broken. That previous heavy-volume plunge with a large bearish candle clearly showed the intention of the bears. Now, after the key support level has been lost, the Bollinger Bands are starting to expand downward, the MACD has formed a death cross and continues to weaken, and the increasing trading volume indicates that selling pressure is intensifying.

As for strategy, consider placing short positions in the 584-590 range, with an initial downside target around 575. If that level is broken, further attention should be given to the 560 area. $BNB
BCH2.5%
BNB0.41%
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OnChainSleuthvip
· 5h ago
Once the support is broken, it's time to get out. This death cross does look pretty fierce, and you need a bottom-fishing mentality to go short.
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PumpDetectorvip
· 12-05 04:20
honestly the MACD divergence screaming here... seen this movie before, goes ugly fast when volume confirms like that. 584-590 range looking spicy but ngl, whales probably already positioned. watched too many "technical setups" get obliterated by one fed tweet, not touching this one till i see institutional flow patterns shift. smart money never telegraphs like this.
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ser_ngmivip
· 12-05 04:18
This wave of short-selling is really fierce. Once the support line is broken, there's no bottom... Will 564 just crash straight down?
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GasGrillMastervip
· 12-05 04:07
Short positions can be arranged at 584-590, but it might be better to wait a bit; the trading volume hasn't been completely confirmed yet.
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AlwaysAnonvip
· 12-05 03:57
Is BCH going bearish again? As soon as the support line broke, the market fell apart. I followed this short position to see if I can catch the bottom.
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FUD_Whisperervip
· 12-05 03:54
It's the same analysis again, making empty short positions out of thin air really seems easy.
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