BCH At The Critical Inflection Point

Price has retreated into a well-defined demand zone—and this is where things get interesting. We've already seen multiple sell attempts get absorbed at this level, suggesting real buying pressure underneath.

The sellers keep pushing down, but there's no conviction behind it anymore. Every bounce attempt fades, and that's the tell. When you see momentum drying up on each downside probe, it usually means the aggressive sellers are exhausted.

That support structure isn't wishful thinking—it's legitimate price action. This zone has proven its worth by repeatedly defending against liquidation pressure. If buyers can hold the line here and establish a higher low, we could see momentum shift back to the upside. The setup is there; it's just a matter of whether the market has the appetite to follow through.