BOSS Wallet data source, latest price information for Bitcoin Cash BCH, real-time price of BCH has dropped -3.03% to $498.6, trading volume $1.178 billion
After analyzing the candlestick chart, there is currently a downward trend. Compared to 08:00, there is a slight increase; compared to 07:00, there is a slight decrease; compared to 00:00, there has been a decline. The market is in a downward trend and oversold, with increased trading volume indicating active market participation.
The Williams indicator shows that it is currently oversold. Recently, trading volume has increased, with volume rising compared to the previous hours, and prices declining while volume increases: selling pressure is rising.
The market is down and oversold, with increased selling pressure, suggesting to continue observing and wait for the market to stabilize.
The above content is for reference only and does not constitute investment advice.