BCH's strong performance is reflected in several key technical aspects. The initial breakout buy orders encountered difficulties above the structural position, which usually indicates that strength needs to be validated. Interestingly, liquidity was swept below the trend support level—what appears to be a risky move is actually the market reallocating long positions.
This washout-style correction did not damage the integrity of the upward trend. Instead, it seems to have cleared weak hands, creating conditions for subsequent continuation. The current market technical setup points more towards continued upward movement rather than a reversal signal.
The key is that this deep correction has actually strengthened the resilience of the upward trend. The deliberate sweeping of liquidity and the subsequent recovery mark the completion of market participants' structural optimization. From this perspective, BCH has completed the adjustment-accumulation phase, and the probability of a sustained breakout is higher.
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HodlKumamon
· 6h ago
After rinsing, it became even more robust. I've seen this trick before. The data indeed points to a higher probability of continued breakout.
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SelfCustodyIssues
· 6h ago
The washout is so intense, it feels like they're harvesting the little guys again... But this time it seems like the support hasn't actually broken?
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SleepyArbCat
· 6h ago
The liquidity sweep... hmm, it's the same old story. But this time, BCH's movement really resembles a vigilant cat—awakened.
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TokenTherapist
· 6h ago
Flush adjustment to clear weak hands, I've heard this explanation too many times. Will it really go up?
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Liquidity sweep = main force eating up? Believe it or not, I believe it anyway.
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It's either a period of adjustment and accumulation or a continuation of the breakout. Feels like we're talking about this every day.
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If BCH can really break through this time, I'll admit I'm not very skilled.
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Clearing liquidity, optimizing structure... sounds very professional, but whether it goes up or not still depends on the market's mood.
BCH's strong performance is reflected in several key technical aspects. The initial breakout buy orders encountered difficulties above the structural position, which usually indicates that strength needs to be validated. Interestingly, liquidity was swept below the trend support level—what appears to be a risky move is actually the market reallocating long positions.
This washout-style correction did not damage the integrity of the upward trend. Instead, it seems to have cleared weak hands, creating conditions for subsequent continuation. The current market technical setup points more towards continued upward movement rather than a reversal signal.
The key is that this deep correction has actually strengthened the resilience of the upward trend. The deliberate sweeping of liquidity and the subsequent recovery mark the completion of market participants' structural optimization. From this perspective, BCH has completed the adjustment-accumulation phase, and the probability of a sustained breakout is higher.