$BCH triggered a short liquidation near 629.41, signaling bearish pressure was overstretched and forced to unwind. The squeeze was controlled, not explosive, which points to a positioning reset rather than emotional chasing. Holding above the 626–628 zone keeps structure constructive and favors continuation attempts toward higher resistance. A clean acceptance above 635 would confirm momentum expansion, while a slip back below 626 would shift price into rotation. The broader structure remains healthy as long as reclaimed levels hold.

Support: 626

Resistance: 635

Bias: bullish while above the liquidation base.

$BCH

BCH
BCHUSDT
640.84
-1.71%