#数字货币市场洞察 BCH's recent trend is a bit precarious.

On the 4-hour chart, it has already broken below the short-term uptrend line. The heavy bearish candlestick with high volume a few days ago completely ignited bearish sentiment. Now, after losing key support, the Bollinger Bands are opening downward, the MACD death cross continues, and the increasing trading volume indicates that selling pressure is indeed intensifying.

From a technical perspective, the 584-590 range could be considered for opening short positions, with the initial downside target around 575. If it breaks that level, 560 is the next support. Remember to manage your risk.