😁 Yesterday afternoon, the pancake derivative coin $BCH , which was ambushed by fans, has already increased by 7% and the leverage is almost half!
Why did Meteor suddenly become optimistic about BCH yesterday? The reasons are as follows:
1: Geopolitical risk aversion demand: The conflict between Israel and Iran may drive funds into highly liquid assets, and BCH, as a payment token, is being reassessed by the market. On-chain data shows an inflow of 2.52 million USD in BCH to exchanges, but the derivatives market is dominated by bulls, indicating potential short-term sentiment support.
2: Technical upgrades implemented: The hard fork in May increased OP_RETURN capacity to 220 bytes, promoting the development of privacy communication applications like Keyport. The Wormhole protocol allows for the issuance of 191 types of tokens, and recent multi-chain wallet projects show the ecosystem is continuously expanding.
3: Deepening ecological cooperation: DishNetwork has integrated BCH payments, and Bitek is expanding merchants in Colombia, combining with the existing 906 online merchants to create breakthrough payment scenarios.
4: Market linkage effect: Inflows into Bitcoin ETFs are driving overall sentiment in the cryptocurrency market, and analysts predict that BCH may reach the target price of 632 USD after breaking through the resistance level of 485 USD.
These kinds of potential projects are worth ambushing. Currently, An is still focusing on BTC, and there will be many operational opportunities to seize and ambush a wave.
The T in the same sector as BCH is also at the top of the increase chart. Personally, I expect that the BTC sector will also increase by 10%, so those who have ambushed can continue to hold! Meteor will continue to observe highly potential coins to help everyone ambush in. If you want to know the accurate market situation, you can follow Meteor!
