BCH's recent movements are quite interesting. The price has been repeatedly resisted around $667 and has pulled back, and yesterday the 4-hour chart briefly broke below the key support at $605. From a technical perspective, the short-selling logic is actually quite clear.

Specifically, if you want to enter, the high point of $667 is an important reference—this indeed suppressed the rebound momentum. When the $605 support was broken, it actually provided a clear short-sell signal.

As for targets, it’s better to view them in stages: the first target is $590, followed by $570. Both levels are important previous support levels and are likely to react accordingly.

Risk management should be emphasized—if the 4-hour closing price breaks back above $626, it indicates that the short-selling logic has been invalidated, and a prompt stop-loss should be executed. Short-term trading is always wary of greed; setting proper stop-losses is key.