Bitcoin Cash ($BCH ) is showing a strong recovery after a sharp pullback from the $600 region, bouncing cleanly from the $467 demand zone. This area acted as a high-liquidity support where buyers stepped in aggressively, triggering a relief rally toward the $520+ level. The rebound is supported by increasing bullish volume, indicating genuine buying interest rather than a weak dead-cat bounce. On the 4H timeframe, $BCH has reclaimed short-term momentum by moving above the MA5, while MA10 and MA20 remain key resistance levels to watch. This move also aligns with broader market behavior, where capital rotates into high-beta altcoins like BCH once Bitcoin stabilizes.

Looking ahead, BCH needs to hold above the $505–510 zone to maintain its recovery structure. A confirmed break above the $538–545 resistance range could open the door for a move toward $580 and potentially a retest of $600. However, rejection near MA20 may lead to a short-term pullback for consolidation. Given BCH’s historically high volatility, traders should remain cautious, avoid chasing pumps, and wait for clear confirmation with volume. Overall, the current move appears to be a technically driven rebound supported by market rotation, with continuation dependent on strength above key resistance levels.