BCH价格分析：下降渠道承诺在最后下降之前潜在的底部

比特币现金（BCH）已扩大了广泛降级渠道内的多个月纠正措施下降，朝着最后一条方向发展。

Bitcoin Cash (BCH) has been extending its multi-month corrective decline in a broad descending channel, setting the stage for the final leg of this corrective Y-pattern.

比特币现金（BCH）一直在延长广泛降级渠道中的多个月纠正措施下降，为这个纠正性Y-Pattern的最后一站奠定了基础。

As the last decline unfolds, a confluence of Fibonacci levels and price structures could set the stage for a potential bottom formation.

随着最后一次下降的发展，斐波那契水平和价格结构的汇合可能为潜在的底层形成奠定基础。

BCH/USD Chart Analysis: Descending Channel and Fibonacci Levels

BCH/USD图表分析：下降通道和斐波那契水平

Examining the 4-hour chart, BCH is clearly progressing within a descending corrective channel, forming a larger WXY pattern from the April 2024 high near $716.

在检查4小时图表时，BCH显然在下降的纠正渠道中进展，从2024年4月高的$ 716形成了更大的WXY模式。

This structure has seen significant development, and as the price action approaches the apex of wave (e) of Y, there are strong implications that the broader correction could be winding down.

这种结构已经看到了重大的发展，并且随着价格行动接近Y的波（E）的顶点，有很大的含义，即更广泛的校正可能会结束。

Specifically, subwave (d) encountered resistance at the 0.5 Fibonacci retracement level of $397.53, coinciding with the upper boundary of the channel. As anticipated, this led to a rejection and the downswing of wave e.

具体而言，子波（d）在0.5斐波那契回回水平上遇到了阻力，397.53美元，与通道的上边界一致。如预期的那样，这导致了波浪E的拒绝和下降。

Moreover, Fibonacci retracement from the broader advance reveals crucial support at $263.91 and $215.30 (0.786 Fib), aligning with the projected completion zone for wave Y.

此外，从更广泛的进步中获得的斐波那契回波揭示了至关重要的支持，为263.91美元和215.30美元（0.786 FIB），与Wave Y的预计完成区保持一致。

Completing the technical picture, the Relative Strength Index (RSI) has also dipped back into the oversold region at around 25%, indicating a potential shift in momentum.

完成技术图片，相对强度指数（RSI）也以25％的左右降回了超售区域，这表明动量的潜在变化。

Furthermore, the descending wedge pattern, defined by converging trendlines, adds another layer to the analysis. If the price manages to stay above the lower boundary of this wedge, it bodes well for a reversal.

此外，由收敛趋势线定义的下降楔形模式为分析增加了另一层。如果价格设法保持在此楔形的下边界上方，则可以很好地进行逆转。

This wedge's lower boundary also closely follows the 0.786 Fibonacci retracement level from the March 2024 low to the April 2024 high, converging around $215.30.

该楔形的下边界还紧随2024年3月至2024年4月高的0.786斐波那契回撤水平，汇聚约为215.30美元。

If this support breaks decisively, it could set the stage for a continuation toward the 1.0 Fibonacci extension at $181.33.

如果这种支持果断地破裂，它可能会为1.0斐波那契扩展的阶段奠定基础，为$ 181.33。

However, a strong reaction from this zone would be crucial, considering that BCH has historically shown resilience at fib levels and fib confluence zones. Since February 2024, the cryptocurrency has never closed lower than $274.

但是，考虑到BCH历史上显示在FIB水平和FIB汇合区域的弹性，该区域的强烈反应至关重要。自2024年2月以来，加密货币从未关闭低于274美元。

This support zone, if respected, could mark the final leg of the corrective cycle and pave the way for a new impulse wave upward.

如果受到尊重，该支撑区可以标记纠正循环的最后一条，并为新的冲动波动铺平道路。

Examining the 1-hour chart in detail, BCH is progressing through lower-degree wave (c) of a higher-degree (e), which could be the final move before setting the bottom.

详细检查了1小时图表，BCH正在通过更高度（e）的低度波（C）进行进展，这可能是设置底部之前的最终动作。

The measured structure indicates potential downside targets between $263.91 and $242.67, corresponding to the 0.786 and 1.0 Fibonacci extension levels of wave (a)-(b)-(c).

测得的结构表示潜在的下行目标在$ 263.91到$ 242.67之间，对应于波（a） - （b） - （c）的0.786和1.0 fibonacci扩展水平。

However, should momentum carry through, a deeper spike toward $215.30 (1.272) or $181.33 (1.618) cannot be ruled out before exhaustion is confirmed.

但是，应持续动量，在确认疲惫之前，不能排除较深的尖峰（1.272）（1.272）或$ 181.33（1.618）。

At present, the RSI is flattening as it approaches oversold conditions, with early divergence forming between price and momentum. This suggests a gradual weakening of bearish strength despite lower prices, a common occurrence in terminal corrective patterns.

目前，RSI在接近过多的条件时正在变平，价格和动量之间形成了早期差异。这表明尽管价格较低，但看跌强度的逐渐减弱，这是最终矫正模式的普遍发生。

As the descending wedge's lower boundary is crossed, it closely follows the 1.272 Fib, setting $215.30 as a critical monitoring level.

随着降级楔的下边界的越过，它紧随1.272 FIB，将$ 215.30定为关键监视级别。

If BCH finds support and rebounds from the $242–$215 zone, the next upside reaction could test $292.30, followed by $322.34 (0.618 level), which acts as structural resistance.

如果BCH从242-215美元的区域找到了支持和篮板，那么下一个上升反应可能会测试292.30美元，然后是322.34美元（0.618级），这是结构性阻力。

A confirmed breakout above $322.34 would solidify the end of the correction and potentially initiate a new bullish sequence.

超过$ 322.34的确认突破将巩固校正的结束，并可能启动新的看涨序列。

Conversely, failure to maintain support at $215.30 increases the risk of continuing the decline toward the deeper 1.618 target at $181.33.Key Levels to Watch

相反，如果不维持215.30美元的支持，则会增加延续1.618目标的下降的风险，至181.33美元。