BCH Price Stalls as Smart Money Faces Aggressive Sell Orders

BCH is trading at $250.40 and its short-term structure appears clean, with price stacked above its 7-, 20-, and 50-day moving averages in ascending order.

However, momentum has gone dead, and the MACD histogram has flatlined to zero, suggesting that buyers have run out of easy fuel after a push from the $226 range.

The Bollinger Band picture shows price hovering just above the midline at a %B of 0.55, indicating room for movement in either direction.

Smart money is positioned 66.6% long with a long/short ratio of nearly 2:1, but aggressive market sell orders are outpacing aggressive buy orders, creating friction that caps $250, $254 from becoming a springboard.