After in-depth technical analysis and market research, we observed that BCH has experienced a halving event, which means that its hype potential has been greatly reduced, and the expectation of turning from positive to negative is becoming more and more obvious. So why can BCH easily rise by dozens of percentage points in a short period of time? The core reason behind this is that its market burden is relatively light. At present, it is mainly controlled by a few dealers, and retail investors have not yet participated in large numbers, so there is a lack of sufficient resistance to limit its price fluctuations.
Such forked currencies are often neglected by the market. They try to use the "son" identity of Bitcoin for market promotion, but in fact they have not been widely recognized by the market. Therefore, dealers must seize every operable opportunity to operate the market, because every wave of rise may become the last chance.
It is worth noting that BCH's consensus basis is relatively weak, and its price increase mainly depends on the rapid rise of the main force. Since retail investors have not yet intervened on a large scale, it means that the market lacks confidence in the currency. Investors should be wary of mistaking a short-term decline as an opportunity to buy at the bottom, because the depth of the market decline may be far beyond expectations.
Looking ahead, the price of BCH may experience a halving. Investors are advised to turn their funds to more stable projects, such as Bitcoin itself, rather than forked currencies abandoned by the market. In cryptocurrency investment, it is crucial to remain calm, rational and cautious. Follow me, find me to read the top articles, live broadcast twice a week, one-on-one guidance and review, and master the wealth code at any time#大盘走势 #BCH/USDT #BCH！ #热门话题
