Today's candle says it all. Bitcoin Cash moved to hit a low of $397, today, and the same session now trades at $449, the highest price since 23-May which was the date that produced the highest price since January 2025. This is an early recovery signal.
This signal is good and great but it needs one final bit to be confirmed, and that is a continuation tomorrow. The week is about to end and the close is what determines the next move. If the action closes above the 23-May high, $462, then ultra-bullish confirmed. If the session closes below then there is still room for some more shakeouts, retraces and corrections. But the early recovery signal is in. What one does, the rest follows.
Now, not all pairs will move in the same way. Some will continue lower, retrace, while some others produce an early recovery and move ahead.
Today's session is just too strong, we can easily say that Bitcoin Cash is ready to resume its bullish wave of growth. $684 next target, followed by additional growth.
Thanks a lot for your continued support.
Namaste.