$BTC Bitcoin Cash ($BCH) is maintaining a strong bullish posture, even as the price experiences a short-term pullback. Rather than signaling weakness, this consolidation appears constructive—suggesting the market may be preparing for the next upside move.

📊 Market Structure & Price Action

Recently, $BCH tested the 24-hour high near $664, followed by a mild retracement. Price is currently consolidating near the upper Bollinger Band, which often indicates strength rather than exhaustion when paired with higher lows.

The candlestick structure remains bullish, highlighted by:

Bullish pin bars

Higher lows formation

Buyers defending key levels aggressively

All signs point toward buyers staying in control of the trend.

🧱 Key Support & Resistance Levels

Strong demand zones are clearly defined:

Support Levels

$634.92 – Primary dip-buying zone

$621.20 – Major structural support and invalidation level

Resistance / Targets

$677.72 – First upside resistance

$691.44 – Extended bullish target

A successful breakout above the upper Bollinger Band at $657.66 with strong volume could accelerate momentum toward these targets.

💰 Capital Flow Insights

Capital movement supports a cautiously bullish bias:

Short-term contract flows are positive

5m: +$421K

15m: +$1.28M

This reflects fresh buying interest entering the market.

Longer timeframes (4H & 6H) show mixed behavior, typical during consolidation phases.

24H net inflow stands at +$53M, a strong sign that larger players are accumulating positions.

Spot market data shows:

Slightly negative flows in very short timeframes (5m–1H)

Positive inflows over 6H and 12H, suggesting smart money buying dips rather than chasing highs.

🎯 Trade Plan (Cautiously Bullish)

Long Entry Options

Buy near $634.92 on a pullback into support

Or enter on a confirmed breakout above $657.66 with volume

Stop-Loss

$621.20, keeping risk tight (~4.3% from support entry)

Targets

🎯 $677.72

🎯 $691.44 (extended)

🧠 Final Outlook

$BCH remains technically strong, supported by bullish structure, healthy capital inflows, and well-respected support zones. While short-term volatility is expected, the broader setup favors continuation to the upside, as long as key supports hold.

📈 Bias: Cautiously Bullish

⚠️ Risk Management: Essential — protect capital and wait for confirmation

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