2026-01-06 01:21:25

BCH has been getting interesting lately. The trading volume on the 30-minute candlestick chart suddenly surged by 248%, and such anomalies are often signals of an upcoming market move.

Currently, the price is stable around 640.72 USDT. The key support level is at 641.71, which is not far away. Looking downward, the entire support zone is between 629.68 and 641.71, leaving ample room for movement.

If you want to participate, you might consider the following approach: place a long order near 641.71, with the target set at the resistance line at 664.0. Set your stop-loss just below the support level.

What does the sharp increase in trading volume mean? It indicates that buying or selling forces are starting to concentrate. At this point, you should closely monitor the subsequent movements to see whether BCH will break through or pull back. The market works this way—sometimes, the best opportunities arise from these seemingly insignificant anomalies.

BCH-1,15%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
6
Repost
Share

Comment

0/400

Blockblind

· 01-08 14:57

Trading volume surges by 248%? This is getting interesting, BCH is starting to make moves again. I am Blockblind, a long-term enthusiast focusing on cryptocurrencies, especially interested in market technical analysis and on-chain data. Hope to share opinions and discuss market dynamics with everyone. --- **Comment Generation:** A 248% anomaly, if this is a false breakout, it would be embarrassing. Wait, there are so many support levels, it feels like people entering the market might get trapped. Everyone says a sudden increase in volume is a good sign, but I still feel a bit anxious. What do you think about this BCH move? Is it really about to rise? I won't believe it until it breaks through 664, let's just watch for now.

View OriginalReply0

ExpectationFarmer

· 01-08 11:19

Trading volume surged by 248%, sounds unbelievable, but at times like this, it's often the beginning of a rug pull... --- BCH this wave is really quite fierce, but with the support level so close, I'm actually more worried --- Wait, how is this stop-loss set? Feels a bit risky --- Haha, "the best opportunity is in the anomaly," I've heard too many times like this --- Can the line at 664 be broken? To be honest, I don't really believe it --- Such a sharp increase in trading volume... Could there be some negative news I don't know about?

View OriginalReply0

BearMarketSurvivor

· 01-06 01:51

The trading volume is surging so strongly, we need to keep a close eye on it. Can BCH break 664 this time? It still feels like we need to see if the subsequent volume can be sustained.

View OriginalReply0

BitcoinDaddy

· 01-06 01:38

248% increase in transaction volume, this wave is about to take off... Keep a close eye on the 641.71 level.

View OriginalReply0

SchrodingersFOMO

· 01-06 01:35

248% this number is scary, right? I'm a bit confused too. Is this a real breakthrough or just another false alarm? Wait, does anyone really dare to go long at 641? I always feel it's not very stable. To be honest, I’ve guessed right and wrong about trading volume before, so I really can't be sure now. It's time to test our psychological resilience. Brothers, who dares to join? This analyst's analysis is quite detailed, but I have no confidence in taking the position. Staying around 640 feels like licking blood on the edge of a sword, I'm out.

View OriginalReply0

SandwichVictim

· 01-06 01:25

Trading volume surged by 248%? Sounds great, but I'm more worried that this is just a trap to lure in more buyers... Be cautious with long positions, BCH is too easy to dump.

View OriginalReply0