2026-01-11 07:27:52

BCH is currently in an interesting position. Previously, our order plan was to short around 666, and now the price has already fallen to about 664. This position is indeed worth considering for a short entry.

Honestly, if we still set stop-losses on this wave, it would be really uncomfortable. So the key is in choosing the right entry point—if you pick the right position, the subsequent stop-loss setup won't be so painful.

Currently, looking to short BCH around 664, take profit around 535, and place the stop-loss near 703. This risk-reward ratio is still acceptable in terms of risk-to-reward.

What do you all think about this position? Whether we can really capture this profit depends on the upcoming trend confirmation.

BCH0,12%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
5
Repost
Share

Comment

0/400

ContractTester

· 14h ago

664 this position is indeed a bit interesting, the wind report ratio is also pretty good, just worried it might be another false breakout

View OriginalReply0

MysteryBoxOpener

· 20h ago

Entering a short position at the 664 level is a bit aggressive, directly targeting 535... If it breaks upward through 703, then I’ll have to cut losses, which is painful. Honestly, the bearish logic makes sense, but I’m just worried about another round of volatile shakeouts. This risk-reward ratio is indeed worth a gamble, but BCH has been showing some strange fluctuations recently. Damn, it’s again a matter of choosing the right entry point... Forget it, I’ll follow your rhythm and give it a try. How many people dare to really hold on until 535 if they enter now... I personally don’t believe it, haha.

View OriginalReply0

ChainWatcher

· 20h ago

Taking a short position at 664 is indeed comfortable, just worried about another false breakout

View OriginalReply0

All-InQueen

· 20h ago

The 664 level is indeed interesting, but I still feel it's a bit risky.

View OriginalReply0

BlockchainTalker

· 20h ago

actually, let's break this down through the lens of game theory—that 664 entry point is basically you betting against the herd at a psychological resistance level, which is fundamentally the move ngl

Reply0