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#美国就业数据表现强劲超出预期 BCH $535 support: Is it a gold rush or a trap?
BCH just experienced a halving, and the market is currently a bit hesitant.
**Short-term outlook, be cautious**
After the halving, the price didn't skyrocket immediately, indicating that the market is still digesting. Technically, there is support around $500, and a rebound to $580-$625 is possible. But I recommend not rushing into action—wait until the price firmly stabilizes above $580 before making moves. If it falls below $518, the situation will need to be reassessed.
**Long-term outlook, limited prospects**
Viewing BCH as "peer-to-peer electronic cash," there are indeed highlights in payment scenarios and network iteration this year, which support its performance throughout the year. However, honestly, when extending to a five-year horizon, BCH's growth potential and market role are not on the same level as Bitcoin. It is more of a "special-purpose sidekick" in the crypto ecosystem rather than a player capable of changing the landscape.
The stability of its technicals and ecosystem developments require ongoing attention. No one can predict the market rhythm accurately. Instead of betting on a wave, it's better to wait for confirmed signals before jumping in.