BOSS Wallet data source, latest price news of Bitcoin Cash BCH, the real-time price of BCH has risen by 3.07% to $379.9, trading volume $280 million
The candlestick chart shows a volatile trend. Compared to 18:00, there has been a significant increase, and it has recovered from 14:00, breaking through the high point of 19:00. A simultaneous rise in price and trading volume usually indicates strong buying support in the market.
Buyers are willing to trade large amounts at higher prices, indicating optimistic market sentiment and strong bullish sentiment. In this case, future prices may continue to rise as market momentum is strong and buying continues to increase. Investors should pay attention to the breakthrough of key resistance levels; if prices can continue to break through and stabilize at higher positions, it indicates the continuation of the upward trend.
Trading volume is rising, and prices are rising simultaneously. According to the Williams indicator, the current market is overbought. Recently, trading volume has increased, with volume rising compared to the previous few hours, and prices and volume are both increasing: trading is active, and upward momentum is strong.
The market has strong upward momentum but is already overbought; it is recommended to continue observing and focus on the breakthrough of key resistance levels.
The above content is for reference only and does not constitute investment advice.