From the current trend of BCHUSDT, there are several points worth following for this coin.

**The Story of Price and Volume**

The current quote is 574.58 USDT, having dropped by 2.59% in the past 24 hours, indicating a clear adjustment phase. The highs and lows over the past two days have fluctuated between 597.30 and 570.26. In terms of trading volume, an average of 175 million USDT per day is not particularly strong, which means the selling pressure during the decline is relatively mild.

**How to view the technical aspect**

What is interesting on the daily chart is that BCH surged to 631.22 before retreating, and is now in the process of correcting and digesting. The support level to watch is around 518.35 — this is the previous low.

The MACD shows DIF=0.83, DEA=3.24, MACD=-2.41, currently in a dead cross situation, with green bars still continuing, indicating that the bearish strength is still dominant in the short term.

In terms of moving averages, MA5 is below MA10, indicating a downward pressure in the short-term moving average system, which aligns with the judgment of weakness in the technical aspect.

**The following key positions**

The resistance above is at $600, which is a psychological barrier and also a previous area of pressure. The support below is at $570 (which is the 24-hour low), and if it breaks through this, it may test the range of $550 to $530. Conversely, if it can stabilize at $580, then it may have a chance to launch another attack towards $600.

**Two Approaches**

For those who already have positions and are currently at a loss, it might be worth following the support at 570 USD. If it breaks, consider reducing your position; when it rebounds to between 590 and 600 USD, you can take profits in batches.

If you haven't entered yet, instead of rushing to buy, it's better to wait a bit—either wait for it to stabilize during a pullback or wait until it really breaks through the $600 resistance, as this will increase your chances of success. Remember, the volatility of cryptocurrencies is high, and risk management is always the top priority.