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Recently, many traders have been paying attention to the trends of BCH and TAO. Let's start with BCH—this coin has already formed a golden cross on the weekly chart, indicating a clear bullish momentum. In the short term, focus on when the downward momentum on the 4-hour chart diminishes. Once this signal appears, consider opening spot or long positions in the support zone around 600-610, with a target near 700. The entire cycle is expected to take about 2 weeks, with a stop loss recommended at 580.
TAO's situation is also good. From the weekly perspective, the dawn star pattern has already formed, which usually signals a strong rebound. However, the daily chart still needs to observe a correction wave, and the 4-hour chart is also waiting for a correction signal. When the volume diminishes, it will be a good opportunity to follow up—consider deploying spot or long positions around 260, aiming for the 300-320 range, with a stop loss at 249. The cycle is estimated to last 1-2 weeks.