2025-12-26 15:21:43

BCH Futures(BCHUSDT) currently shows an interesting pattern shift. It has gradually evolved from a large W pattern to a smaller W pattern, indicating that the upward momentum will be relatively moderate, rising steadily rather than surging rapidly. Based on this analysis, it is unlikely to break below support easily in the short term. Although there is resistance above, it is not yet the right time to short.

Looking at the weekly chart, the MACD has already formed a death cross signal, and the market has shown no significant volatility over the past two days. To confirm a downward opportunity, the key is whether BCH can continue to rally around 605 without losing momentum. If it encounters resistance at this level and forms a bearish engulfing candlestick pattern, that would be a confirmed signal for trading.

BCH0,53%

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DaoResearcher

· 5h ago

Based on on-chain data and the formation mechanism of the MACD death cross, the 605 price level is indeed worth paying attention to, but honestly, relying solely on candlestick patterns is not sufficient as a trading signal. From the perspective of governance proposals, the incentive mismatch among market participants is particularly evident in assets like BCH—institutions want to short, retail investors want to buy the dip, and conflicting signals lead to volatility being forced to mellow out. That said, your W-shaped pattern switching logic is a bit one-sided—what if a black swan comes and breaks the level directly? However, looking at BCH's tokenomics design in the long term, this gradual upward movement actually aligns better with its macro trend... worth observing for another two weeks.

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TokenomicsShaman

· 5h ago

It's another W pattern. I see your analyses are all quite similar. Just waiting for the 605 hurdle.

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DefiSecurityGuard

· 5h ago

ngl the MACD divergence is giving me pause here... not trying to sound alarmist, but have you actually verified those support levels? seen too many traders get liquidated trusting chart patterns alone, not financial advice obviously

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DegenRecoveryGroup

· 5h ago

Once again, it's this kind of "seems reasonable and well-founded" analysis, but the market situation remains unclear to us. It would be great if the key level at 605 could confirm a signal, but you know how it is in the crypto world—things often don't go as planned...

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SolidityJester

· 5h ago

605 and others, it seems like this round is going to be a repeated hassle again

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ImpermanentPhobia

· 6h ago

You need to hold this position at 605, or else it will really pull back to where.

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GhostAddressHunter

· 6h ago

The key level at 605 remaining weak is the real signal. It's still too early to call a short now, and the death cross needs to be confirmed by subsequent action.

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