2025-12-27 15:24:10

I just realized recently that BCH's core positioning is actually "peer-to-peer electronic cash." I didn't pay much attention to this fundamental before. After buying BCH at 612, I've been monitoring the price fluctuations, and it has now risen to 619.

Thinking about it, if BTC really breaks through the 100,000 mark, according to historical patterns, BCH as a Bitcoin fork should also rise. From the perspective of electronic cash properties, BCH's application potential in the payment field has been seriously underestimated. Based on this logic, I think BCH should at least see above 1000 to be reasonable.

The current dilemma is: what should I do with my short positions? The 619 level is already a bit awkward. I was planning to close it, but looking at resistance levels at 630, 650, 700, I feel a bit reluctant. Honestly, this wave of market movement is a bit scary, but precisely because I have a new understanding of the fundamentals, I’ve decided to hold and observe, and see how the subsequent trend develops.

BCH2,27%

BTC0,27%

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PretendingSerious

· 13h ago

Ha, I just now realize the fundamentals, it's a bit late. I actually think BCH is more of a payment tool, but how many people actually use it... Even 619 is reluctant to cut, so just hold on, anyway it's all betting on BTC's market.

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DataOnlooker

· 13h ago

Just now realizing that BCH is electronic cash? Bro, your awareness is a bit late haha Holding a short position is enough, anyway, I expect to see 1000 BCH is often overlooked, but it actually requires more patience I agree with this logic, let's see if it can break through later 619 is not embarrassing; what's embarrassing is not having bought the dip earlier From a fundamental perspective, it's indeed undervalued, but is it still possible to get on board now? Wait until BTC breaks 100,000, then the forked coins should take off

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MEVHunterX

· 13h ago

619, such a small increase, are you still hesitating? Just go for it, don't keep staring at the candlestick charts and scaring yourself.

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WenMoon

· 13h ago

Wait, from 612 to 619 only went up by 7 dollars and you're already talking about fundamentals? Laughing out loud, isn't this just an excuse for losses?

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