The silence before the storm feels uncomfortable when the market is moving in different directions. Some coins are showing strength, while others are still fighting to recover.
BCH is trading around 284.52, down 1.99 percent over the last 24 hours. That makes it one of the important coins to watch for a potential reversal, but I am not treating the decline as an automatic buying opportunity.
The first thing I want to see is whether buyers defend the 280 area. If BCH begins recovering with stronger volume, that could suggest selling pressure is weakening.
Bitcoin dominance will also be important. If the broader market stabilizes and capital begins moving into altcoins, BCH could have room for a recovery.
I am watching large wallet transfers and exchange inflows as well. Heavy exchange inflows could increase selling pressure, while sustained accumulation could improve the outlook.
The 280 area is a potential support zone. A recovery toward 295 and 305 could become possible if buyers regain control. If the price breaks lower, the bullish scenario weakens.
EP: 284.52
TP: 305.00
SL: 275.00
The market is heating up again, but not every coin is ready to move higher. BCH needs to prove that buyers are returning before I consider the setup stronger.
I am ready for the move —
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