$BCH
🎙️BCH Evening Report ｜ August 8, 2025, 19:30 (UTC+8)
☀️Good evening everyone, here is the BCH live review and structural analysis:
•Current price: approximately 580.5 USD, a slight decrease of about 0.4% compared to the previous trading day.
•Intraday range: highest tested at 583.1 USD, lowest seen at 573.9 USD, overall oscillating in a high range.
📚Technical Structure Interpretation
•Currently located in a high oscillation consolidation area, the bulls are still present, but short-term momentum is slightly weakening.
•Support level: approximately at 574–575 USD, a solid support area for the day.
•Resistance level: concentrated at 583–584 USD, if it can break through with volume, it is expected to continue rising.
📱Operation Suggestions
•For holders: can continue to hold and observe support performance; if effectively breaking above resistance, consider gradually increasing positions.
•For short-term traders: it is recommended to grasp trading opportunities at both ends of the range, and be sure to control risks and set the pace.
•For observers: wait for confirmation of the breakout direction before entering, to avoid blindly participating at high levels.
📢Summary in one sentence
BCH is currently in a high oscillation structure, alternating between bullish and bearish; if resistance is broken, the upward rhythm can be restarted; otherwise, range consolidation remains the main theme.
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