2026-01-16 18:25:35

BCH has recently shown a significant abnormality in trading volume, with a 57.8% surge in 30-minute trading volume. The current price stands at 601.54 USDT. From a technical perspective, the key support level is at 595.0, with only 1.23% correction space from the current price, and there is also a support zone between 593.0-595.0 as a buffer.

This sharp increase in volume is usually a signal before a market trend begins. If you want to participate in this wave, you can place a buy order around 595.0, targeting the resistance level at 618.32. Of course, the market is ever-changing, so it’s important to develop a plan based on your own risk tolerance. Closely monitoring BCH’s trend development will be quite crucial next.

BCH0,62%

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WalletsWatcher

· 8h ago

I've seen explosive trading volume many times, often as a signal before a big dump haha Can it break 618 this time? I bet five bucks it won't break Around 595 is indeed a good entry point, just worried it might be a false breakout

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GraphGuru

· 8h ago

The saying that trading volume surges is something I've heard too many times. Every time, they say it's about to take off, and what happens? It crashes even more. --- Brothers who are accumulating around 595, see you at the casino. --- Is this wave of BCH really going to rise? It feels like everyone's just harvesting the little guys lately. --- To be honest, abnormal volume movements aren't necessarily a good sign; instead, be cautious of the main players offloading. --- You're going to try precise positioning again, huh? I'll just watch without acting. --- The 618 target level is too dreamy; let's first hold at 601. --- Yes, closely monitoring, closely monitoring. The thing I fear most is the reverse trend following this phrase. --- Should I go for it or not? That's the question.

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0xLuckbox

· 8h ago

The surge in trading volume... I can't wait any longer, so I just jumped in. Buying the dip around 595? Ha, it's the same story again, every time it's like this. Can BCH break 618 with this wave of movement? Honestly, I don't really believe it.

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OldLeekMaster

· 8h ago

The saying that trading volume has surged is a bit tiring to hear, isn't it just a false breakout again? Can BCH really break through 618? I doubt it. Order at 595? Are you trying to buy the dip or take over? The sudden increase in volume is actually more dangerous; it feels like a crash is coming.

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governance_lurker

· 8h ago

A surge in trading volume reminds me—after the last such signal, it crashed directly. Be cautious, everyone.

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