2026-01-15 11:31:54

BCH's recent trend has given us a lot of inspiration. Starting from the high point in the 622-626 range, the price has been steadily declining until it stabilized around 586.

Interestingly, after hitting the bottom, the bullish momentum indeed showed signs of emergence, and the trading volume also looked decent. But this doesn't mean the rebound is about to take off—currently, the situation still favors the bears, and the rebound is just a mid-term adjustment.

If you want to participate in this wave of the market, I suggest the following approach: open a short position around 626-630. If the price rebounds to around 640, consider adding to your position or increasing your short. Set the stop loss at 650. The target direction is downward, with around 600 being a relatively clear support zone.

BCH-0,17%

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ProtocolRebel

· 01-18 11:27

626 Nabo Gao Kong I was following along, but I couldn't withstand the rebound, and the 650 stop-loss was broken... Now I realize where my problem lies after reading this article.

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AmateurDAOWatcher

· 01-15 11:54

It seems there's still room in the space, but I still don't quite understand this rebound. --- Short at 626? Feels a bit risky, brother. --- Stop loss at 650? Is this stop-loss level set a bit tight? --- Can 600 really hold? I think it depends on the volume performance afterward. --- The bulls are emerging, but the rebound is just a correction... This logic feels a bit conflicting to me. --- I'm a bit hesitant to enter now, let's wait and see.

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NFTregretter

· 01-15 11:50

Another "clear support," last time you said this, BCH broke below it.

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PhantomHunter