A common saying circulating in the market is "Coins with no trading volume and no hot topics, upward movement is a rebound, downward movement is a bear market"—placed on BCH's recent 4-hour candlestick chart, this judgment is almost impossible to refute.

Yesterday while monitoring the market, I noticed a detail: after BCH sharply topped at 631 and then dropped, it has been moving sideways within a narrow triangle consolidation zone. Currently stuck around 593, it can't break above or below convincingly. The order book ratio on the right shows +0.67%, superficially favoring buyers, but the actual order scale is pitifully thin—there's not even a decent large order visible. This doesn't look like a sign of accumulation before a breakout; rather, it resembles market makers casually placing a few orders to maintain liquidity.

Coincidentally, I recently came across a discussion about the BCH community—there's a disagreement going on. Whether it's protocol upgrades or block size adjustments, the community has been arguing for days without reaching a consensus. Think about it from another angle: if an internal project can't even agree, why would investors put real money into it? Last year, LTC experienced a similar turmoil—internal division led to its price dropping from 120 straight down to 60, and it took three months to gradually recover. This shows how internal chaos can severely damage a coin's price.

Looking at the capital flow makes it even clearer. Over the past couple of days, hot money in DeFi has been chasing new projects in the SOL ecosystem, and the NFT market has also picked up—Azuki's price has increased by over 20%. In such an environment where hot topics keep rotating, established coins like BCH naturally get neglected.

Technical indicators also confirm this. RSI remains at 39, showing neither oversold signals nor rebound momentum—this is a typical sign of decline, indicating that market interest in it is indeed waning.