New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
BCH has recently shown some movement. On the 30-minute candlestick chart, the trading volume suddenly surged by 58.3%, and the current price is stuck at 594.15 USDT.
From a technical perspective, the support level on the 1-hour chart is around 592.27, only 0.02% away from the current price. The entire support zone is distributed between 590.33 and 594.9. This distance is not far, indicating that the bulls have a clear defensive area.
With such a rapid increase in trading volume, it is usually not without reason—often indicating that large funds are actively positioning. If you want to follow this trend, you can place a long order around 592.27, waiting for a rebound after support is confirmed. It is important to closely monitor whether BCH can hold this line, as it will determine the next direction of the trend.