The market has been quite interesting these past couple of days. $BCH Can it break through this resistance level? It seems like many people are watching it closely. If it really succeeds in breaking through, there’s still a good chance for assets to double later on.
Currently, the regulatory framework for the crypto market is being optimized. For long-term holders, this is actually a positive—clear rules often attract more institutional investment. So regardless of short-term fluctuations, waiting for a genuine breakout opportunity might be more worthwhile. What do you all think?
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.
19 Likes
Reward
19
5
Repost
Share
Comment
0/400
StealthMoon
· 3h ago
It feels like this barrier at 508 is about to break, but I'll wait and see. The regulatory crackdown actually gives us a chance to catch our breath.
View OriginalReply0
tx_pending_forever
· 9h ago
508 this level, feels like another fake move, BCH just loves to mess around like this
Regulatory framework optimization? Sounds good, but let's wait until institutions actually step in. Anyway, I've already given up.
View OriginalReply0
NotSatoshi
· 12-16 09:39
Position 508 is indeed a bit tight, but to be honest, the regulatory positive news is just so-so; the key still depends on the funding situation.
View OriginalReply0
PrivateKeyParanoia
· 12-16 09:37
This level at 508 is indeed a bit harsh, but only when a clear regulatory framework is established will institutions truly dare to enter the market.
View OriginalReply0
CantAffordPancake
· 12-16 09:36
508, this hurdle really stalls people; whether to break it or not depends on the trading volume in the next couple of days.
Once the regulatory framework is clear, it becomes easier to operate, no need to be anxious every day.
Hold long-term; short-term fluctuations are all fake. Institutional entry is the real big deal.
#美国证券交易委员会推进数字资产监管框架创新 BCH Is it going to break through 508?
The market has been quite interesting these past couple of days. $BCH Can it break through this resistance level? It seems like many people are watching it closely. If it really succeeds in breaking through, there’s still a good chance for assets to double later on.
Currently, the regulatory framework for the crypto market is being optimized. For long-term holders, this is actually a positive—clear rules often attract more institutional investment. So regardless of short-term fluctuations, waiting for a genuine breakout opportunity might be more worthwhile. What do you all think?