#BCH has shown some recovery after experiencing panic selling, but overall remains cautious. For short-term traders, it is recommended to sell high and buy low within the 595-600 range, with strict stop-loss settings. For medium to long-term investors, it is advisable to wait for a valid breakthrough above the 603 resistance level before considering entry.

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Trading strategy suggestions

Short-term: Go long with a light position around 595.84, target 603.94, stop-loss 592.

Medium-term: Wait for the price to stabilize above 603.94 and confirm a trend reversal before considering adding to positions.

Risk warning: The 24-hour trading volume is 4.65 billion USDT, market liquidity is acceptable, but sudden fluctuations should be monitored.