Crypto_Melania

🚀 Bitcoin Cash: genuine rally or just capital rotation?

Bitcoin Cash $BCH is up 10% in the past 24 hours, trading above $558 as daily volume jumps 53% above its 30-day average 📗

🤔 The question: is this real momentum - or just a short-term rotation into altcoins?

According to the key data:

- daily volume: +53% (USD $686M) ;

- RSI: 65.5 (strong but not overbought) ;

- market 💰 cap: USD $11.1B ;

- on-chain adoption: +18% in daily transactions ;

...the rally looks genuine so far: volume confirms the move, not manipulation, and open interest in perps is up 12%, hinting at growing institutional participation 📈

💬 Moves like this don’t last on sentiment alone - they need liquidity and conviction. If volume stays high, $BCH could test $600, but risk increases once RSI nears 70.

For those building trading products or communities, this is a live example of how volume and funding data shape capital flow far more than narratives 📊

👉 Whether this becomes an opportunity or a trap will depend on how long volume holds.

How do you read the data?

#Altcoin Season#