BCH's recent performance has attracted attention. On the 30-minute chart, trading volume surged by 54.3%, and the current price stands at 647.75 USDT.
From a technical perspective, the key support level is at 641.71, only 0.67% away from the current price, with the support zone between 629.68 and 641.71. This area is still worth关注.
The sharp increase in trading volume is usually not without reason. Often, such signs indicate that the market is about to make a move. If you're considering participating, you can place a buy order around 641.71, targeting the resistance level at 664.0.
Overall, the abnormal volume release sends some positive signals, but the subsequent trend still needs to be monitored.
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FOMOmonster
· 01-08 07:03
The volume has exploded, what is BCH trying to do... Around 641 is indeed a good entry point, just see if it can hold.
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GameFiCritic
· 01-06 06:13
The surge in volume is a signal that should be taken seriously, but the key is whether it can be sustained. A 54.3% increase in volume, if not followed by genuine buying interest, is a false breakout. I've seen too many such "flash in the pan" cases before, which ultimately turn into routines for cutting leeks...
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Ser_APY_2000
· 01-06 05:55
The surge in volume is indeed interesting, but I feel like the 641 support level doesn't feel very secure... Are you planning to take a gamble?
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GateUser-44a00d6c
· 01-06 05:55
Trading volume surged by 54.3%, which is indeed significant. I'm just worried it might be a repeated dump scheme; we need to see if the subsequent trading volume can hold up.
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AirdropFatigue
· 01-06 05:34
A surge in trading volume seems like an action is about to happen... However, BCH has always been a bit mischievous, so it could drop at any moment. Stay alert.
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hodl_therapist
· 01-06 05:30
The volume has surged so much... we need to see if the whales are just accumulating or if they're really about to move. The 641 level must be held.
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GateUser-cff9c776
· 01-06 05:26
I am tired of the rhetoric about volume explosion; every time it's said to "indicate some action," but what happens? It still depends on whether the supply and demand curve can break through this ceiling.
The 641 support level is indeed clever, but don't be fooled by the 0.67% distance—that's Schrödinger's bull market.
The 664 target sounds good, but the problem is that sometimes the technical value in the crypto world is worth less than Da Vinci's sketches.
Increasing trading volume is correct, but these days, who still truly believes in the "positive signals" before a major crash? I just want to take a gamble.
BCH's recent performance has attracted attention. On the 30-minute chart, trading volume surged by 54.3%, and the current price stands at 647.75 USDT.
From a technical perspective, the key support level is at 641.71, only 0.67% away from the current price, with the support zone between 629.68 and 641.71. This area is still worth关注.
The sharp increase in trading volume is usually not without reason. Often, such signs indicate that the market is about to make a move. If you're considering participating, you can place a buy order around 641.71, targeting the resistance level at 664.0.
Overall, the abnormal volume release sends some positive signals, but the subsequent trend still needs to be monitored.