BCH surges 3%! Price-volume divergence hides mysteries, do you dare to chase?
Today's most exciting drama in the crypto world belongs to BCH!
This asset skyrocketed by 3.2% during the day, directly hitting 499.5, bouncing the most among mainstream coins.
But take a closer look at the K-line — the last bullish candle looks quite spirited, but the trading volume has deflated like a punctured ball, clearly shrinking! This upward momentum, could it be just inflated?
The MACD indicator is even more interesting; although the histogram is still green, it’s secretly getting shorter, with the bulls quietly accumulating strength.
However, the KDJ value is only 48, neutral like an outsider, and the price-volume divergence drama, could it not be warning: a short-term pullback might be coming?
But don’t rush to criticize! BCH’s technical foundation is solid — 32MB large blocks, transaction fees down to dust, for scenarios like cross-border payments and small transfers, it’s much more practical than BTC.
If those brothers in Africa continue to use it as a cross-border remittance tool, or if a major gaming company suddenly announces support for BCH transactions, hey, this market trend might really take off!
But what about the risks? The regulatory hammer could drop at any time, and if the EU's MiCA regulations tighten, BCH could be delisted by some exchanges, causing liquidity to shrink by 15% instantly. Not to mention BTC’s Lightning Network and ETH’s Layer 2 expansion plans, all eyeing the payment track hungrily. BCH, oh BCH, is this surge just a flash in the pan, or a sign of a comeback?
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