BCH looks like an obvious short right now—but that's exactly the problem.

Price has been grinding into resistance for hours, and everyone's watching for that breakdown. The consensus? It should crack lower. Yet here's what's actually happening: wicks get absorbed quickly, and the structure refuses to collapse. There's real buying pressure underneath.

This is where it gets tricky. When selling feels like the smart move and price keeps refusing to cooperate, something's off with the narrative. Instead of expanding down, we're seeing support hold firm. That mismatch between expectation and reality? That's usually where the move happens.

The chart's telling a different story than what feels obvious in the moment.