Recently, I've identified a short-selling opportunity with BCH.
Speaking of which, as long as BTC drops, other coins basically can't escape. During the correction from 126,000 down to 80,000, everyone saw clearly — altcoins like SYRUP, MORPHO, and even mainstream coins like HYPE, ZEC, had funds desperately defending those levels. It created an illusion that "these coins are particularly resistant to falling." But in the end? When the market loosened, these coins still followed the decline, none could escape.
BCH is currently in this situation. Why has it been consolidating at high levels without dropping? Simply put, the chips are all in the hands of major players. But how long can this situation last? If the market truly turns bearish, BCH can't stay at high levels forever; it will inevitably follow the decline.
My approach is this: keep a close eye on whether BTC effectively breaks below the key level of 88,000. Once that happens, it means this rebound is completely over. At that point, directly short BCH, as the profit potential is much greater.
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LiquidatorFlash
· 12-13 08:51
Once the 88,000 threshold is broken, there's really no turning back. The BCH support chart clearly shows unstable chips; a further drop is only a matter of time.
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LeverageAddict
· 12-13 08:50
This round of BCH sideways movement looks like market support, but in reality, it's just big players getting trapped haha
Waiting for BTC to break 88k, then I'll go short too—here comes the chance to make quick money
The illusion of market support shattering is the real thrill; at that moment, the correction could drop all the way down
The chips held by big players are like time bombs, they will explode sooner or later
Once 88k breaks, BCH will take off directly—this opportunity must not be missed
When BTC loosens up, these coins will reveal their true colors; none can withstand the pressure
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UncleLiquidation
· 12-13 08:45
BCH's recent attempt to defend the price really couldn't hold up, even the big players had to kneel down
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SigmaValidator
· 12-13 08:31
No matter how strong the market support is, it’s useless; that drop during the correction just drained everyone.
Recently, I've identified a short-selling opportunity with BCH.
Speaking of which, as long as BTC drops, other coins basically can't escape. During the correction from 126,000 down to 80,000, everyone saw clearly — altcoins like SYRUP, MORPHO, and even mainstream coins like HYPE, ZEC, had funds desperately defending those levels. It created an illusion that "these coins are particularly resistant to falling." But in the end? When the market loosened, these coins still followed the decline, none could escape.
BCH is currently in this situation. Why has it been consolidating at high levels without dropping? Simply put, the chips are all in the hands of major players. But how long can this situation last? If the market truly turns bearish, BCH can't stay at high levels forever; it will inevitably follow the decline.
My approach is this: keep a close eye on whether BTC effectively breaks below the key level of 88,000. Once that happens, it means this rebound is completely over. At that point, directly short BCH, as the profit potential is much greater.