Main notes
- Bch refused to resist $ 590 despite the broader market gathering.
- Finish USDT support on Bitcoin Cash Network by September 1, 2025.
- The volume of the whale treatment decreased by 72 % per week, indicating a aversion to the risks.
Bitcoin Cash fell 3 % on Sunday, August 10, and slipped to $ 561 before a partial recovery was recovered to $ 579 by the time of the press. Rejection indicates that BCH failed to restore $ 600 and hit the monthly summits, similar to Ethereum, Solana, and Bitcoin markets In the last sessions. Market reports show three main factors behind the volatile BCT track.
Firstly, After an announcement in JulyThe world’s largest source in the world, Tether is due to the USDTT support for the Bitcoin Cash network in just 20 days, along with other low -use groups such as Layer OMNI, Kusama, EOS and Kourazaf. The wind, which was appointed on September 1, 2025, will witness the remaining frozen and mining symbols.
The $ 156 billion USDT liquidity exit can weaken the BCH role in Stablecoin settlements, which limits the demand for the chain. Data trends on the series indicate this Investors companies It already takes careful position.
Average volume of cash transactions Bitcoin | Intotheblock, August 9, 2025
The second challenge lies in the dynamics of modern whale transactions on Bitcoin Cash.
As shown in the above graph, the average volume of the BCH transaction decreased by 72 % last week, from 74.035 dollars on August 4 to $ 20,591 on August 9, according to InTothheblock data. This sharp decrease indicates that adult holders actively reduce, they may avoid negative risks from the Tether’s imminent exit. In the encryption markets, low whale activity can lead to thin liquidity and amplifying fluctuations during the turbulent market decrease.
Finally, the BCH trading volume decreased over 24 hours after its rejection during the day by $ 590, according to Coinmarketca. This decrease in rotation points to the achievement of active profits, as traders come out of the failed collapse sites, which enhances increased pressure pressure in the short term.
BCH price expectations: $ 600 or $ 550 to withdraw forward?
From a technical perspective, Bch is still covered in the resistance area of $ 590 to $ 600, and coincides with the upper Bollinger Band on the daily chart. A successful collapse above $ 600, with support of a strong size, can scan the path about $ 620 and possibly $ 650. However, the current relative indicators are approaching 57, indicating that the market has a space to move before it reaches the peak land.
In the landline scenario, failure to restore $ 590 can re -test the mid -walking support near $ 558, with a deeper slice targeting the bottom range at $ 509. The collapse here may speed up the losses towards the support area of $ 480, especially if the USDT recovery reduces liquidity faster than expected.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Ibrahim Ajibad is an experienced research analyst and has a background in supporting the various startups and financial organizations in Web3. He obtained his university degree in the economy while he is currently studying for a master’s degree in Blockchain and distributing a professor’s notebook techniques at Malta University.
The post 3 Reasons BTC Rally Failed to Lift BCH Above 10-Day Resistance first appeared on Investorempires.com.
