Bitcoin Cash update: Perfect zone to go LONG, support confirmed

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Notice here how long-term support, in the form of 0.5 Fib. retracement, continues to hold. This support level has been challenged over and over since October 2025 and the action remains above it. As long as BCHUSDT can hold it we continue with a strong bullish bias.

Since 6-February, we are also witnessing higher lows.

This support zone is the 0.5 Fib. retracement in relation to the bullish wave that started April 2025, which shows its significance.

While the entire Cryptocurrency market went through a bearish cycle, notice how Bitcoin Cash produced no new major lows and the 0.618 remains intact, another signal of strength.

Today's candle shows a small retrace, likely to end the same day. It is not supported by volume. Trading volume continues to drop and the biggest bar in the current structure (after the recovery) was a green bar. Showing that buyers are more active and present on this chart.

More than 100% of the gains from the October-November 2025 through January 2026 bullish wave have been removed, yet the action remains above support. This is a full retrace that allows for new entries at current levels with low risk vs a high potential for reward. This is a perfect zone to go long.

Namaste.

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