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BCH is currently around 213u, down 2.6% today. Over the past few days, when the overall market has been weak, it has also followed lower, though it hasn’t dropped the hardest.
Over the week, it’s down 5.2%. It’s still continuing the pullback from the prior wave of profit-taking. However, the one-month on-paper gain has actually widened, rising to 10.3%. This suggests the earlier rise was stronger, and this current pullback is still relatively healthy. The 24-hour high is 218 and the low is 211. It’s still above the 205 to 210 range mentioned earlier, and for now it hasn’t broken below it.
This kind of price action—monthly gains still expanding, weekly pullbacks without a clear breakdown—suggests that this correction is still relatively normal and hasn’t damaged the core of the broader trend.
Circulating supply is about 95% of total supply, and it’s basically almost all mined—so the supply side isn’t the main focus.
At this level, if it can hold the 24-hour low at 211, it will most likely continue with the earlier assessment: after the pullback, it will resume choppy consolidation. Only if it breaks below 200, the key level mentioned earlier, would we need to reassess the depth of this correction. If you already have positions, you can keep holding. If you’ve been chasing highs, pause for now these two days and wait for clearer signs that it has stabilized. #bch $BCH