2025-12-07 16:00:25

#数字货币市场洞察 $BCH

Spot BCH Market Watch | December 7, 2025

The recent performance of BCH has been quite interesting. From the start of the year until now, as one of the standout Layer 1 tokens, it has surged nearly 40%. Why has it outperformed other public chains? Mainly because its tokens are fully circulated, with no hidden risks of unlock-induced sell pressure—structurally, that’s an advantage. Plus, the market has been hyping the possibility of a spot BCH ETF, and this expectation is keeping a lot of people interested; it’s definitely imaginative in the long run.

But things don’t look so great in the short term. The technical signals have turned bearish—the MACD just had a death cross, the histogram dropped, and the price broke straight through the lower Bollinger Band. What’s even more dramatic is that the RSI(6) has already fallen to 24.21, which is extremely oversold, indicating very strong recent selling pressure. You can also feel the split sentiment in the community: some long-term holders are still chanting “hold patiently, target $1,000,” believing the ETF narrative will support the price; but on the other hand, the technical crowd and whale activity are clearly bearish, and some are even calling for shorts, with high-leverage short positions popping up.

Honestly, this is an awkward spot right now. The long-term narrative holds up—Layer 1 leader + ETF expectations make for a good story. But short-term momentum has collapsed, and in this deeply oversold state, could there be another panic sell-off? That’s the question. Longs need to withstand the volatility, while shorts should be wary of an oversold rebound.

In short, BCH is currently a tug-of-war between the long-term narrative and short-term technicals. How you see it really depends on your time frame.

BCH0.36%

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WalletAnxietyPatient

· 19h ago

Oh wow, the RSI has dropped to 24—there's got to be a rebound, otherwise it's really going to crash through the floor, haha. BCH is really putting on a silent show this time—on one hand hyping up the ETF, on the other hand dumping on retail investors, they're pros at this. Those calling for $1,000 have to hold on, or else their mentality will just collapse. The MACD has already made a death cross; technically it's a bit rough, but for the oversold part... it really depends on what the whales do. A 40% gain isn't just handed out for nothing; now it's all about whether the bottom line can hold.

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ImpermanentPhilosopher

· 12-07 16:28

Oh man, RSI is already at 24 and you’re still not buying the dip? Looks like you’re really playing it safe. A deep oversold rebound could happen any minute—this is when whales make money by entering the market. Sure, short-term technicals have collapsed, but do you see if the ETF expectations are still there? The veterans holding out for $1,000 aren’t completely unreasonable—the real question is whether your mindset can handle it. Hey, this is when your mentality is put to the ultimate test, don’t you think? If BCH didn’t have a narrative backing it, it would’ve been a bloodbath by now. Brothers using leverage to short, be careful—at these deeply oversold levels, the risks are a double-edged sword. In the long run, it hasn’t crashed; the short-term is just a grind. Whoever can hold out longer wins.

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DegenApeSurfer

· 12-07 16:24

Damn, the RSI is already at 24 and you're still not buying the dip? These old bagholders are really brainwashed.

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ShitcoinArbitrageur