$BCH

BCH Spot Depth Insight | December 7, 2025

Core Situation: Community Enthusiasm Conflicts with Diminishing Technical Momentum

Bitcoin Cash (BCH) has entered a critical battleground after a recent rise. The market displays a clear contradiction between “community bullish sentiment” and “weakening short-term technical momentum.”

🚀 Key Highlights: What are the foundations of the rise?

1. Short-term trend remains strong:

Short-term moving averages (7-day EMA > 25-day/99-day EMA) are still in a bullish arrangement, confirming that the structure of the recent upward trend has not been broken.

2. Market buying interest has rebounded:

On-chain data shows that the total inflow reached 834,000 transactions, with nearly half being large inflows, indicating that a significant amount of capital is refocusing on and positioning in BCH.

3. Community consensus is exceptionally strong:

Community sentiment is highly consistent and bullish, with widespread expectations that the price will break through $620 and set a new high. This strong consensus itself may create a short-term self-fulfilling expectation.

⚠️ Key Risks: Concerns Beneath the Enthusiasm

1. Upward momentum has significantly weakened:

· The MACD indicator has shown a high-level death cross, with the histogram turning negative, which is a classic signal of weakening short-term bullish momentum.

· The 6-period RSI is at 38.49, in the weak range, confirming that the price is facing short-term pullback pressure.

2. Facing key resistance and Bollinger Bands suppression:

The current price (583.50) has run below the middle Bollinger Band (584.70) and has not effectively broken through, indicating that the upward momentum is encountering resistance and may shift into consolidation or pullback.

3. Lack of independent narrative, relying on Bitcoin's performance:

Community discussions also acknowledge that BCH currently lacks strong independent catalysts. Its movement is highly dependent on the overall market sentiment of Bitcoin; if Bitcoin weakens, BCH will face significant pressure.

💬 Community Sentiment and Market Stage

The current market is dominated by strong bullish sentiment but is at a sensitive juncture of “trend inertia” and “momentum divergence.” The next direction of the price will depend on whether new buying power can quickly coalesce to absorb selling pressure and achieve a breakthrough of key resistance levels through community consensus.

Follow me, as I reveal the key directional signals for BCH in the game of sentiment and technology.