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Recently, looking at the trend of BCH, it's really quite fierce. Among the top ten cryptocurrencies by market cap, it is the only one that hasn't fallen—which itself indicates a problem. Comparing the performance over the past 90 days makes it even clearer: DOGE dropped the most, with a decline of 52.61%; TRX was relatively resilient, only falling 17.08%. And BCH, on the other hand, increased by 1.49%. In the context of the overall market adjustment, such performance is indeed rare. With this momentum, it doesn't seem impossible for BCH to break into the top ten and replace ADA.
I'm not trying to dampen enthusiasm, but it's a bit too crazy that only the top ten haven't fallen. Be aware of the tricks to trap retail investors.
The data is indeed impressive, but don't be fooled by this 1.49%. Watch how the intraday K-line structure develops.
Honestly, this rebound feels like a good entry point, but also stay alert to the project team's tricks.
Brothers, before rushing in, make sure to check the technical analysis clearly. Don't chase highs and sell lows again.