BCH Latest Updates: Technical Signals: BCH shows an oversold condition, but the MACD still indicates strong bearish momentum. Market Divergence: Despite recent progress in the ecosystem, the selling pressure in the spot market continues. Noteworthy is the Oversold Rebound: BCH is currently in an oversold state, with a 6-period RSI of 24.19, and the price is below the lower Bollinger band, suggesting that the current level may experience a short-term rebound. However, caution is needed with Bearish Momentum: The MACD indicator shows strong bearish momentum, the MACD line crosses below the signal line, and the histogram is shrinking, indicating that the price may decline further.

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$BCH Tracking Share of Whales/Main Players' Movements

Recently, based on data from the aice100 platform, I did some statistics and simply organized some current market structures and sentiment directions for your reference:

📌 Direction: Bullish

📌 Suggestion: Cautiously go long

📌 Risk Control: High risk

The following is my personal logical breakdown, which may not be entirely accurate, but is for discussion and sharing purposes:

🐋 **Smart Money Whales Extremely Bullish**: The number of bullish whales (169) far exceeds the number of bearish whales (126), and the value of bullish whale positions (90.38M) is nearly 6 times that of bearish whale positions (15.09M), indicating that institutional funds are overwhelmingly betting on an upward trend.

The above are some personal views I have on the current $BCH , feel free to add more.

#BCH