BCH's Upward Dilemma

Looking at BCH's price chart, the problem is quite clear—every time it reaches a new high, a large amount of selling pressure floods in. Under these circumstances, achieving a significant rise is basically impossible. The selling behavior of market participants at key levels directly suppresses the upward potential. If this selling pressure at new highs can be alleviated, BCH actually has considerable upside potential. But the reality is, as soon as it hits resistance levels, it encounters a large number of exit orders, repeating periodically. Without changing this pattern, it’s difficult to see a significant breakthrough for BCH.