BTC isn't rising, so why should #BCH double? Can we chase it? ⭕️ To get straight to the conclusion, look for opportunities to get in; breaking through resistance levels will be more stable. 🛑 Looking at the weekly level - the selling pressure has been cleaned out - no historical burdens (Image 1) ① Volume zones 1 and 2 have already been released. ② Volume zone 3 has been in a 6-month oscillation, with stable and continuous volume. ③ The purple line resistance has turned into a support level. 💠 The accumulation by the big players is obvious - looking at the daily level (Image 2) Prerequisite variables: ① The area indicated by the left arrow in the image shows a significant increase in trading volume. ② The purple resistance has turned into a support level. ③ The current price is at the first resistance level, and the yellow line is the second resistance level. Comparing with the price trend of BTC (the candlestick chart below Image 2), we can see 5 divergences where the big players are clearly suppressing accumulation. First divergence: A large bullish candle was drawn before the market started, creating a false V-shaped trend. Second divergence: The market is in a stable upward wedge, while BCH suppresses the price, forming a downward wedge. Third divergence: BTC reached a new high of 106,000, while BCH suppressed it against the trend. Fourth divergence: Similar to the first one. Fifth divergence: In a sideways market, an upward trend is formed. The purpose of these 5 divergences is singular: since the price is above the purple support level, it gives the market confidence and heat, while allowing the price to accumulate within the yellow line. ✅ The remaining questions are just 2: ① Will the big players sell between the first and second resistance levels? ② Have the big players completed their accumulation? (Will there be another false V-shaped trend?) I don't think so, the reason being that the first and third divergences are both actively suppressing the price, and the price is above the first resistance level. As for whether the big players have completed their accumulation, that's quite subjective; it's hard to tell from the trading volume, but the time dimension is indeed sufficient. In short, the overall direction is upward; when to enter depends on personal strategy, but for now, we can observe whether it can stabilize around 480.