$BCH 🎙【BCH Real-time Report | August 23rd, 11 AM】
Based on Binance spot: BCH price $590. Compared to last night's thoughts: We emphasized "support at 550, resistance at 563 to 565, follow the breakout." The current price has effectively broken through resistance and is trading above 600, with the trend confirming a bullish bias, following the pattern of "holding support → grinding resistance → breaking through."

Market Structure (Short-term)

* The price has returned to the 590 level, located in the middle of the "585 support to 600 pressure" range indicated yesterday; the upper bound remains at 598 to 602, and the lower bound focuses on 585 and 580.

* Volume has not significantly increased, with the main rhythm being oscillation; if volume breaks above 602, look for 608 to 615 above; if it falls below 585, watch for a second hold around 580 and 574.

Multi-dimensional Overview

* Policy/Macro: No authoritative new regulations this morning have a unilateral impact on BCH pricing; overall still driven by market conditions and broader risk appetite.

* Project/Fundamentals: No significant bullish or bearish disclosures in the last 24 hours; sentiment mainly revolves around technical positioning.

* Technical Indicators: Short-term moving averages are flattening and slightly turning up; momentum is neutral to strong but has not "amplified confirmation"; a breakout requires seeing price + volume resonance.

Super Trader's Winning Rate Priority Plan

1. Range Low Buy: Gradually buy near 585 to 587; hard stop loss at 584.

2. Follow the Breakout: After a strong volume breakout above 602, add positions on a retest that doesn’t break, targeting 608/615, move stop loss to lock in profits.

3. Range Arbitrage: Before breaking out, keep positions below 40%, using a T+0 strategy to sell high and buy low;

4. Response to Breakdown: If it effectively breaks below 580, quickly reduce positions and wait for a secondary signal around 574.

Conclusion: BCH is in a "holding the middle track, grinding the upper edge" oscillation phase; do not chase sentiment, focus on volume and key price levels, and use small stop losses to aim for clear breakouts, which is currently a more favorable strategy in terms of winning rate and payout.