$BCH Long Liquidation: $1.644K at $532.37
$BCH/USDT is in a steep decline, falling -5.3% to $505.00, triggering a long liquidation of $1.644K at $532.37. What started as a hopeful bullish move has quickly turned sour for long positions, as the price faces a strong rejection after peaking at $540.00. Liquidations are intensifying as the market shifts, wiping out long positions that were anticipating further gains.
As the bears take control, $BCH could be heading towards $490.00 or even $475.00 if the selling pressure continues. The volatility is rising, and the market is in a critical phase where support levels will be tested.