Technical analysis by BTCETH2X about Symbol BCH on 7/27/2025

#BCH Update #2 – July 27, 2025 After its last impulsive move, Bitcoin Cash experienced a full retracement. However, it managed to maintain its bullish structure by avoiding a close below its previous low. At this point, it has reached its target and is still climbing. However, buying from here is a completely risky move. From a technical analysis perspective, Bitcoin Cash has already reached the extent of its potential upside. Starting from this point forward, I absolutely do not recommend any long positions in Bitcoin Cash. Due to potential profit-taking by whales, a sharp correction is very likely. I’ll provide updates as the situation develops, but for now, Bitcoin Cash is not in a suitable position for opening long trades. It has reached its target. Therefore, the best action at this stage is to wait.