Senior trader Peter Brandt(Peter Brandt) pointed out that Bitcoin Cash(BCH) led the recovery of the cryptocurrency market. He stated that the fading industry noise has allowed the market to focus more on price trends. BCH rose 3.66% to $662.80, with trading volume increasing 15.04% to $667.89 million, supported by a bullish descending wedge pattern and a 64.98 RSI(RSI), indicating room for its price to approach $700. Brandt's analysis suggests that BCH could experience a significant rebound, and its performance may signal a broader market trend.

BCH0.53%
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