比特币现金（BCH）可能比Litecoin（LTC）更好地购买，因为后者等待ETF批准

Litecoin Price的表现良好，因为它从去年8月的50美元增加到了今天的130美元。这些收益大多数发生在金丝雀申请了LTC ETF之后

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）的价格表现良好，因为它从去年8月的50美元飙升至今天的130美元。这些收益大多数发生在金丝雀申请了现场LTC ETF之后，该公司获得了证券交易委员会（SEC）的批准机会。

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.

令人惊讶的是，比特币现金（BCH）的价格变得更糟，降至320美元，低于Litecoin的价格。尽管比特币现金比莱特币更大。那么，什么给呢？我们探讨了为什么现在被遗忘的比特币现金可能是一个更好的选择。

Bitcoin Cash price is stuck in a bear market

比特币现金价格被困在熊市

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.

莱特币和比特币现金几乎是类似的资产，因为它们都是使用相同技术的比特币硬货。但是，Litecoin较小，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.

在绩效方面，这两个资产也几乎相同。但是，BCH仍处于熊市，因为它从去年12月的最高水平崩溃了约46％。它最近跨越了死亡，50天和200天的加权移动平均值（WMA）互相翻转。

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，比特币现金价格已经形成了看跌旗图模式，其中包括长垂直线和一些合并。这种模式通常是看跌延续的标志。因此，我们可以期望在接下来的几天里看到强烈的看跌崩溃，下一个观看点为273.4美元，这是上周和去年八月的最低水平。这个价格比当前水平低约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，如果比特币现金价格上涨，看跌前景将变得无效。

BCH price chart | Source: TradingView

BCH价格图|资料来源：TradingView

Why BCH is a better buy than LTC today

为什么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.

比特币现金的前景目前是看跌的，但是有迹象表明，这比莱特币更好。

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.

那是因为Litecoin已经收到了ETF申请，分析师预计SEC会批准它。此外，LTC类似于比特币，SEC不将其视为安全性。

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，面临的挑战是，市场参与者已在莱特币的ETF批准中定价。这意味着批准将导致其价格下降，这是购买谣言并出售新闻的经典案例。

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.

比特币现金的机会是，一旦批准了Litecoin的申请，它很可能会收到ETF申请。由于投资者预计随着时间的推移，这种举动可能会导致更高的价格。

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.

另一个机会是，BCH价格以273美元的价格形成了双底图案，领口为640美元。如果有效，则意味着硬币可能会从当前水平反弹约87％，而其双底点可能会从92％中反弹。