💣🔻 $BCH SHORT POSITION INITIATED — Echoes of Legacy, Weight of Obsolescence 🔻💣

📉 Position Size: $1,047.10

🎯 Entry Price: $523.57

This is not a mere trade — it’s a calculated repudiation of an asset weighed down by historical inertia and a defunct ideological crusade.

While others romanticize Bitcoin Cash as a relic of rebellion, I see a deteriorating asset masquerading as relevance.

Let’s dissect the rationale for this short: 🧵👇

📉 Why I'm Dismantling $BCH at $523.57:

1️⃣ A Fork Without a Future

BCH emerged from the infamous schism in 2017 — an ideological offshoot touting scalability through larger blocks.

But the reality?

→ Adoption stagnated

→ Developers migrated

→ Community fractured

It has devolved into a vestigial narrative — echoing innovation with none of the substance.

2️⃣ Technically Overextended — Price Precariously Perched

🧾 The recent rally was driven more by ETF spillover enthusiasm than any intrinsic catalyst.

Now?

→ RSI is bloated

→ Momentum is diverging

→ Supply zones at $525–$540 are holding firm

I’m short from above the fulcrum — where gravity takes over.

3️⃣ Attention Dilution Is Fatal

🧠 In this market, attention is alpha.

BCH is competing with:

→ Solana’s ecosystem acceleration

→ Ethereum’s modular dominance

→ The AI-token megatrend

There’s no mindshare left for a coin whose brand is a ghost of a past civil war.

4️⃣ Structural Weakness and Liquidity Gaps

📉 If BCH breaks under $495 — the trapdoor opens.

No real structural demand until the $460s.

→ Thin order books

→ Whale exits visible on-chain

→ Retail exit liquidity exhausted

🎯 Strategic Targets:

TP1: $488 — reversion zone

TP2: $467 — primary liquidity vacuum

TP3: $441 — panic flush level

🛡️ Stop-Loss: $539 — above key rejection wick; clean invalidation

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