2025-12-30 22:21:41

BCH has recently made some moves. The 30-minute trading volume surged by 64.9%, which is quite uncommon in normal times. Currently, the price is stable around 593.24 USDT, and market activity has clearly increased.

From a technical perspective, the level of 592.46 is a relatively solid support, with only 0.20% space from the current price. The entire support zone ranges from 592.46 to 598.28, which is relatively clear. If you're looking for a long opportunity, placing an order near 592.46 is a good idea. The resistance level above is at 606.52, which is the profit target.

A sudden increase in trading volume usually indicates that the market may be about to take new action. Large transactions often signal a rebalancing of bullish and bearish forces. If the price can break through the resistance above, there could be a good trend ahead. Of course, such rapid movements require close monitoring, as the market can change instantly. It's important to adjust strategies flexibly based on real-time trends.

BCH-1.38%

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MetaEggplant

· 6h ago

This surge in volume feels like the whales are up to something again. Can you believe it? Is BCH about to take off again? Not convinced, let's wait until it breaks 606 before talking. The support is so tight, around 592 is a good level to watch. An increase in trading volume means someone is accumulating, better to be cautious. 606 is the real test; it's too early to say anything now.

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SpeakWithHatOn

· 6h ago

Can BCH break through 606 this time? It's a bit uncertain.

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DaoResearcher

· 6h ago

Looking at on-chain data, the distribution of token liquidity behind this volume anomaly is worth a deep dive. A 64.9% surge in transaction volume typically indicates that large holders are rebalancing their positions, according to market microstructure theory. If this assumption holds, BCH's governance mechanism might face a liquidity test. However, to be honest, the 0.20% support level seems a bit too idealized. In actual strategic equilibrium, multiple solutions often exist. --- According to the incentive model in the white paper, the probability of breaking the 592-606 range is directly linked to the distribution of DAO voting rights. This logic deserves a separate analysis. --- It's worth noting that such rapid fluctuations, if not supported by corresponding governance proposals, can easily become hunting grounds for short-term arbitrage. Be careful not to get caught off guard. --- What does volume amplification usually signify? Signal quality or noise? It depends on on-chain wallet concentration metrics to judge. Looking at candlestick charts alone is too superficial. --- Can the 606 level really be broken? First, observe whether the BCH community has new governance actions; otherwise, it’s just wishful thinking by the technical faction.

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WalletDetective

· 6h ago

Trading volume surges by 64.9%, this number is a bit outrageous. Is BCH really about to take off? Could this be another trap to lure in buyers? Can the 592 level really hold? The target of 606.52 feels a bit unrealistic, but trying won't hurt. With the trading volume expanding like this, we should keep a close eye. I'm afraid it could reverse at any moment. Wait, is there really someone placing orders around 592, or is everyone just watching the show?

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