$BCH Good morning everyone, this is the first look at BCH real trading!

• Current price: approximately $618.8, up about +6.6% from yesterday, bulls have made a precise counterattack;

• Intraday trading: dropped to a low of $578.8, surged to a high of $624.4, with a short-term fluctuation of nearly $45, the pace is quite fierce.

Structural analysis:

BCH formed a V-shaped reversal yesterday, strongly rebounded in today's morning session, and has successfully reclaimed the key resistance area, revealing a strong structure with a hint of boldness. Technically, the rebound support from $580 to $590 has not been broken, serving as the main force for protection; if the energy ratio keeps up, the resistance area from $624 to $625 is expected to break through and open up a new high channel.

Trading rhythm:

• Holders: If support is not broken, continue to be optimistic, and consider increasing positions appropriately after breaking $624;

• Short-term traders: wait for confirmation of the breakout before gradually entering, and be sure to set stop-losses;

• Observers: can set up defenses in the support area in advance, and do not blindly chase high rhythms.

Summary in one sentence: Today is a key node for BCH to break the downward trend; holding the support is the confidence, breaking the resistance is the opportunity, grasp the rhythm, and profits will be yours.