$BCH Short-term, BCH was still quite strong before it was wiped out. During the BTC decline from 126,000 to 80,000, the price performance remained robust, with the candlesticks staying above the MA120 moving average of 580. Even when it briefly broke below, it quickly recovered. Once it broke below 580, the trend truly changed, shifting from an upward trend to a downward trend. Including yesterday morning, when BTC rebounded from 62,500 to around 70,000, BCH only followed the rebound symbolically, reaching around 520 before quickly falling below 500. The daily chart shows a doji, which is a typical sign of a weak rebound. As long as BTC falls, BCH will fall even more sharply.
From the monthly chart perspective, BCH is still at a high level. BTC dropped from its bull market high of 126,000 to 60,000, a decline of 52.38%. ETH fell from its bull market high of 4,957 to 1,744, a decline of 64.82%. BCH's highest point in this bull market was 718.8, now down to 462, a decline of 35.73%. Based on this logic, BCH still has significant room to fall, and a reasonable price should be below 400. Finally, a word: $TRX The grasshopper after autumn won't be able to jump for many days#特朗普下令停用AnthropicAI产品
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$BCH Short-term, BCH was still quite strong before it was wiped out. During the BTC decline from 126,000 to 80,000, the price performance remained robust, with the candlesticks staying above the MA120 moving average of 580. Even when it briefly broke below, it quickly recovered. Once it broke below 580, the trend truly changed, shifting from an upward trend to a downward trend. Including yesterday morning, when BTC rebounded from 62,500 to around 70,000, BCH only followed the rebound symbolically, reaching around 520 before quickly falling below 500. The daily chart shows a doji, which is a typical sign of a weak rebound. As long as BTC falls, BCH will fall even more sharply.
From the monthly chart perspective, BCH is still at a high level. BTC dropped from its bull market high of 126,000 to 60,000, a decline of 52.38%. ETH fell from its bull market high of 4,957 to 1,744, a decline of 64.82%. BCH's highest point in this bull market was 718.8, now down to 462, a decline of 35.73%. Based on this logic, BCH still has significant room to fall, and a reasonable price should be below 400.
Finally, a word: $TRX The grasshopper after autumn won't be able to jump for many days#特朗普下令停用AnthropicAI产品