比特幣現金（BCH）可能比Litecoin（LTC）更好地購買，因為後者等待ETF批准

Litecoin Price的表現良好，因為它從去年8月的50美元增加到了今天的130美元。這些收益大多數發生在金絲雀申請了LTC ETF之後

Litecoin (LTC) price has done well as it surged from $50 in August last year to $130 today. Most of these gains happened after Canary filed for a spot LTC ETF, which has higher chances of approval by the Securities and Exchange Commission (SEC).

Litecoin（LTC）的價格表現良好，因為它從去年8月的50美元飆升至今天的130美元。這些收益大多數發生在金絲雀申請了現場LTC ETF之後，該公司獲得了證券交易委員會（SEC）的批准機會。

In a surprising move, Bitcoin Cash (BCH) price has done worse and is down to $320, which is lower than Litecoin’s price. This is despite Bitcoin Cash being a larger coin than Litecoin. So, what gives? We explore why the forgotten Bitcoin Cash may be a better option for now.

令人驚訝的是，比特幣現金（BCH）的價格變得更糟，降至320美元，低於Litecoin的價格。儘管比特幣現金比萊特幣更大。那麼，什麼給呢？我們探討了為什麼現在被遺忘的比特幣現金可能是一個更好的選擇。

Bitcoin Cash price is stuck in a bear market

比特幣現金價格被困在熊市

Litecoin and Bitcoin Cash are almost similar assets in that they are both Bitcoin hard forks that use the same technology. However, Litecoin is smaller and has a faster transaction speed.

萊特幣和比特幣現金幾乎是類似的資產，因為它們都是使用相同技術的比特幣硬貨。但是，Litecoin較小，交易速度更快。

In terms of performance, the two assets have also been almost the same. However, BCH remains in a bear market as it crashed by about 46% from its highest level in December last year. It has recently crossed death, with the 50-day and 200-day Weighted Moving Averages (WMA) flipping each other.

在績效方面，這兩個資產也幾乎相同。但是，BCH仍處於熊市，因為它從去年12月的最高水平崩潰了約46％。它最近跨越了死亡，50天和200天的加權移動平均值（WMA）互相翻轉。

Moreover, the Bitcoin Cash price has formed a bearish flag chart pattern, which comprises a long vertical line and some consolidation. This pattern is often a sign of a bearish continuation. Therefore, we can expect to see a strong bearish breakdown in the coming days, with the next point to watch being at $273.4, which was the lowest level last week and in August last year. This price is about 20% below the current level.

此外，比特幣現金價格已經形成了看跌旗圖模式，其中包括長垂直線和一些合併。這種模式通常是看跌延續的標誌。因此，我們可以期望在接下來的幾天裡看到強烈的看跌崩潰，下一個觀看點為273.4美元，這是上周和去年八月的最低水平。這個價格比當前水平低約20％。

On the other hand, the bearish outlook will become invalid if the Bitcoin cash price rises above the resistance at $365.

另一方面，如果比特幣現金價格上漲，看跌前景將變得無效。

BCH price chart | Source: TradingView

BCH價格圖|資料來源：TradingView

Why BCH is a better buy than LTC today

為什麼BCH今天比LTC更好

Bitcoin Cash’s outlook is bearish for now, but there are signs that it is a better investment than Litecoin.

比特幣現金的前景目前是看跌的，但是有跡象表明，這比萊特幣更好。

That’s because Litecoin has already received an ETF application, and analysts anticipate that the SEC will approve it. Moreover, LTC is similar to Bitcoin, and the SEC does not view it as a security.

那是因為Litecoin已經收到了ETF申請，分析師預計SEC會批准它。此外，LTC類似於比特幣，SEC不將其視為安全性。

The challenge, however, is that the market participants have priced in Litecoin’s ETF approval. This means that an approval will lead to its price going down, which is a classic case of buying the rumor, selling the news.

然而，面臨的挑戰是，市場參與者已在萊特幣的ETF批准中定價。這意味著批准將導致其價格下降，這是購買謠言並出售新聞的經典案例。

The opportunity for Bitcoin Cash is that it will likely receive an ETF application once Litecoin’s one is approved. Such a move will likely lead to higher prices as investors anticipate its approval over time.

比特幣現金的機會是，一旦批准了Litecoin的申請，它很可能會收到ETF申請。由於投資者預計隨著時間的推移，這種舉動可能會導致更高的價格。

The other opportunity is that the BCH price has formed a double-bottom pattern at $273, and the neckline is at $640. If it works, it means that the coin may rebound by about 87% from the current level and by 92% from its double-bottom point.

另一個機會是，BCH價格以273美元的價格形成了雙底圖案，領口為640美元。如果有效，則意味著硬幣可能會從當前水平反彈約87％，而其雙底點可能會從92％中反彈。