- BCH shows strong upward momentum as market structure recovers after a controlled corrective phase.
- Long-to-short ratios and rising trading volume point to renewed market confidence in BCH.
- Short-side liquidations and stable accumulation indicate conditions for continued upward movement.
BCH is moving higher as market data shows renewed strength after a brief correction. Price action, trader positioning, and liquidation trends suggest that the recent decline lacked heavy selling pressure and allowed momentum to rebuild.
Bullish Structure Forms After Controlled Pullback
BCH recently moved through a falling wedge structure that developed after an earlier impulse above the $580 zone. Price dipped toward the lower boundary during the correction but held support, creating a controlled decline that avoided strong distribution phases. The move upward from the wedge aligns with the market view shared by CW (@CW8900), who noted that there was no broad selling during the prior session.
Volume remained muted through the corrective period, showing that sellers were not driving the market. This allowed buyers to re-enter without facing stronger resistance. Momentum indicators began to expand as BCH reclaimed higher levels, signaling that internal strength was returning. With price now near $584, the structure reflects a transition from correction back to upward continuation.
Momentum Returns as Traders Increase Long Exposure
The data supporting it shows that BCH has risen by +1.29% in 4 hours, + 2.66% in 24 hours and +6.07% over the course of the week. The +34.33 and +18.97 percentage gains of the year and month respectively depict an upward trajectory of performance over a long period.These values demonstrate that the company is performing steadily within the present cycle.
Long-to-short positioning confirms renewed confidence. Binance shows a 1.1654 ratio among general accounts and 1.1372 among top traders, while a 2.0995 reading among high-capital traders supports a stronger long bias. This indicates that more experienced participants expect continued movement toward higher levels.
Rising Volume and Short Liquidations Support Uptrend
BCH as of writing, trades at $583.90 with a 24-hour volume of over $366 million. Increased activity, including a +26.42% rise in Binance volume, shows that participation is strengthening as BCH attempts to break through resistance. The recent V-shaped rebound in price reflects aggressive buying during the move back toward the $580–$585 range.
Short-side liquidations added momentum to the recovery, with $74.9K cleared in one hour and $108.5K over four hours. The absence of major long liquidations confirms that the correction did not disrupt broader market structure. As the price continues to hold above recent breakout levels, the planned upward move referenced by CW appears to be developing in line with current indicators.
