BOSS Wallet data source, latest price news of Bitcoin Cash bitcoin-cash, BCH Bitcoin Cash real-time price rose 3.03% to $452.7, trading volume $268 million

By studying the K-line chart, it is currently in a volatile trend. Compared to 08:00, it has significantly dropped, breaking through the low of 05:00, and has decreased compared to 01:00. Both price and trading volume are declining, which usually indicates reduced market activity, with both buyers and sellers being inactive.
The market may be in a wait-and-see state, waiting for new driving factors to emerge. In this case, future prices may continue to remain sluggish or consolidate sideways until new market news or events break the stalemate. Investors should closely monitor market changes and events that may trigger price fluctuations.
Trading volume is decreasing, with price and trading volume declining in sync. According to the Williams indicator, there is currently no overbought or oversold state. Recently, trading volume has decreased, with volume lower than in previous hours, and both price and trading volume are declining: the market is quiet, and trading is inactive.

The rise may be a short-term fluctuation, it is recommended to continue observing and wait for the market to further clarify its direction.

The above content is for reference only and does not constitute investment advice.