The BCH mining machine wave has basically cleared out, and the subsequent strategy is to go short. The most noteworthy entry point for bears right now is around 630, or wait until BTC effectively breaks below the 88,000 level before entering. From a technical perspective, BCH actually resembles a slow bull market more than BTC, but this precisely indicates that risks are accumulating. Once BTC enters a bear market mode, the entire market cannot escape the fate of following suit. Although BCH and BNB currently appear strong and aggressive, it doesn't mean they won't experience a correction later — the correction is just a matter of time. All cryptocurrencies in the market are subject to the gravitational pull of the overall market, which is an iron law.
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AlphaWhisperer
· 9h ago
Once the mining machine is cleaned, it's just waiting to harvest the profits—this routine is all too familiar. Is 630 really the bottom? I'm skeptical.
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LiquidationTherapist
· 9h ago
Are all the mining machines cleared out? So what can we latecomers do? Just wait to pick up the leftovers? Haha
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BuyHighSellLow
· 9h ago
Will this 630 hurdle really hold? I'm actually curious to see.
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APY追逐者
· 9h ago
The 630 level does look quite fierce, but I still want to wait and see the reaction after BTC's move.
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defi_detective
· 9h ago
Once the mining machine cleaning is almost done, start shorting. Why does this tactic feel so familiar to me?
The BCH mining machine wave has basically cleared out, and the subsequent strategy is to go short. The most noteworthy entry point for bears right now is around 630, or wait until BTC effectively breaks below the 88,000 level before entering. From a technical perspective, BCH actually resembles a slow bull market more than BTC, but this precisely indicates that risks are accumulating. Once BTC enters a bear market mode, the entire market cannot escape the fate of following suit. Although BCH and BNB currently appear strong and aggressive, it doesn't mean they won't experience a correction later — the correction is just a matter of time. All cryptocurrencies in the market are subject to the gravitational pull of the overall market, which is an iron law.