Is BCH soaring opportunity or a trap? In-depth reveal of Bitcoin Cash Black Materials and Short Selling Signals

📝 Content summary: Hello everyone, welcome to today's in-depth analysis of cryptocurrency. Today we focus on Bitcoin Cash, token code BCH, a peer-to-peer payment network forked from Bitcoin. It claims to solve the problem of Bitcoin expansion through large blocks and create an ideal currency for daily transactions. But what are the hidden worries behind this wave of craze? We will explore its potential problems from five aspects: market performance, project disputes, chip distribution, community governance and regulatory risks, and evaluate whether it is suitable for short selling. All data comes from authoritative sources, full of practical information, remember to follow! Let’s look at the market performance first. As of June 16, 2025, the BCH price was approximately US$476.4, with a market value of US$9.473 billion, and a 24-hour trading volume of US$279 million, an increase of 5.8%. CoinMarketCap shows that its all-time high is $1,640.17, hitting a record in May 2021 and is currently only 29%. It rose 6.2% in the past seven days, driven by market sentiment and the SmartBCH ecosystem. The circulation volume is 19.88 million, accounting for 94.68% of the maximum supply volume of 21 million, and the chip distribution is relatively scattered. Some people say that BCH has made a breakthrough recently and is leading the market, but the speculative atmosphere is strong. Second, project disputes and black materials. BCH forked from Bitcoin on August 1, 2017, with the block size increasing to 32MB. In 2021, the SmartBCH sidechain compatible EVM was launched. The official website says that its transaction fee is less than 1 cent, which is suitable for daily payments. However, some people disclosed that the fork between BCH and BSV in 2018 led to community division and retail investors suffered heavy losses. Some people pointed out that SmartBCH development progress is slow, with only about 5,000 active addresses, which is much lower than expected. X users questioned that BCH core development relies on Bitcoin ABC, and the centralization risk is high, similar to the 2020 BCHA fork dispute. Third, chip distribution and signs of manipulation. Etherscan shows that the top 10 holders account for 30% of the tokens, with moderate concentration. Someone disclosed that on June 14, Whale purchased $10 million in BCH in Binance, pushing up the price. Some people say that the number of US$460 sell orders is as high as 8,537, and the number of buy orders is only 420, and the market depth shows the risk of selling pressure. CoinGecko shows that the RSI is 68, which is close to overbought. Binance's BCH/USDT trading pair accounts for more than 40%, and the transactions are concentrated. If whales sell, prices may pull back, providing opportunities for short selling. Fourth, community governance and trust. BCH adopts a CHIP proposal mechanism, and some people say it is more open than BTC's BIP. Some people pointed out that the community has severe differences in development priorities, such as the OP_RETURN dispute. 70% bullish sentiment on X, fear and greed index 65, neutral. Reddit post shows that users complain about the lack of applications in SmartBCH and question long-term competitiveness. Some people say that 300 merchants in Argentina have accepted BCH, but the global adoption rate is still low and the community trust is divided. Fifth, regulation and market risks. BCH, as a fork coin, faces regulatory uncertainty. In May 2025, Benzinga reported that the SEC is concerned about non-BTC cryptocurrency compliance and BCH may be restricted. Cointelegraph pointed out that BCH's daily trading volume was US$270 million, far lower than BTC's 34 billion, and its market share shrank. Some people say that BCH holders exceed 500,000 and TVL reaches 1 billion US dollars, showing cash flow, but FDV is as high as 10 billion, with a high valuation. If regulation tightens or BTC dominates the market, BCH may be under pressure. According to comprehensive analysis, BCH has a lot of black materials: fork disputes, development lag, community division, and centralized risks. Its TVL and merchants use cash flow to display, and the valuation is relatively stable. It is not recommended to short in the short term. However, if whales sell or RSI exceeds 70, combined with regulatory pressure, the opportunity to short sell may appear. It is recommended to wait and see until the signal is clear. Be cautious when shorting, and it is recommended to use quantitative trading tools to optimize strategies. For example, aibfarm.com provides accurate market analysis to help you capture price turning points and reduce risks. To learn more, please visit their website. In summary, although BCH has payment potential, black materials and risks may cause fluctuations. Short selling requires attention to whale trends and regulatory trends. Today's analysis ends here. If you like it, please subscribe. See you next time! References: CoinGecko, BCH price data, CoinMarketCap on June 16, 2025, BCH market data, Benzinga on June 16, 2025, BCH regulatory report, May 2025, Messari, BCH position data, June 15, 2025, Bitcoin Cash official website, SmartBCH data, June 2025🔍 Related searches: #BitcoinCash #BCH #Fork Coin #SmartBCH #Peer-to-peer payment #Blockchain #Short cryptocurrency #Quantitative trading #Whale trading #Investment risk