🎙️【$BCH Morning Report｜August 8th 10:30】
Good morning, everyone. This is the BCH morning live report.
Market Overview
• Latest Price: Approximately $575.4 USD, up about +1.94% from yesterday, continuing a strong trend. Data source: Yesterday's high and low show the range of increase.
• Reference Range (Yesterday's Trend): High around $581.85 USD, low around $567.64 USD
Trend Structure Analysis
BCH is currently continuing its upward trend without significant pullbacks, located in a high oscillation range, still leaning towards a strong trend in the short term.
Support and Resistance Levels
• Support Level: Approximately $567 to $570 USD, which is the gathering area of yesterday's low points.
• Resistance Level: Approximately $582 to $583 USD, which is yesterday's intraday high.
Operational Suggestions (Refined Version)
• Holders: Continue to observe if the support holds, the current structure has not broken, can temporarily hold and observe;
• Short-term Traders: Wait for the price to stabilize and break through the resistance at $582, and with volume support, can choose to follow up and go long;
• Observers: It is recommended to wait for structural confirmation before executing layouts to avoid chasing risks.
Summary in One Sentence
BCH is currently in a fluctuating upward structure, with a strong trend, and the key to watch in the future is whether it can break through $582 to $583 with increased volume, and strategies should aim for stability and victory.
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