#ETH巨鲸增持 has been keeping an eye on the trend of $BCH recently and found a rather interesting phenomenon.

This coin has been consolidating at a high position for almost three months, repeatedly oscillating to shake off the chips, but it just won't drop. This kind of trend usually indicates that the bottom support is very solid, and the main force may still be in the accumulation phase.

My personal opinion is that you can start with a small position to test the waters. If it really stabilizes at the 570 level and breaks out with volume, the probability of success in chasing it would be much higher. Of course, the risk is yours to bear, so don’t go all in mindlessly.

From a technical perspective, coins that can't drop often hold a certain strength.