Traders are watching a split screen: while Bitcoin Cash drifts toward a potential breakdown and Hedera slides under key supports, a presale token—BlockDAG—claims $432M raised and 3.5M app miners ahead of a Binance-hosted AMA. If liquidity chases narrative, the next short-term edge may come from understanding where fear persists (BCH, HBAR) and where event-driven flows could cluster (BDAG). Here’s the map, the risks, and the actionable plays.

What’s happening now

BCH was rejected at a key trendline and trades sub-$520, with a negative OI-weighted funding rate (-0.0007%), RSI ~39, and a bearish MACD crossover. If price closes below the 200D EMA at $506, a tag of $450 support becomes more likely.

HBAR fell ~7.5% to $0.1668, sitting below the MA-20 ($0.2031), MA-50 ($0.2179), and MA-200 ($0.2025), with momentum indicators still oversold. Near-term range expectations cluster around $0.1686–$0.1831, with a suggested pivot at a sustained close above $0.1734.

BlockDAG (BDAG) reports rapid growth: presale at $0.0015 (Batch 31), over 27B coins sold, 312k holders, and 20k miners distributed. The team announces a Binance AMA on Oct 24, 3 PM UTC, “confirmed” listings on multiple exchanges (e.g., MEXC, LBank, XT.com), audits by CertiK and Halborn, and a hybrid PoW + DAG design targeting up to 15,000 TPS. The project cites a “confirmed” listing price of $0.05 and ambitious long-term targets, which traders should treat as claims and verify.

Why it matters to traders

- BCH and HBAR are mapping clear technical levels that can anchor risk-defined trades in a choppy market. - BDAG introduces an event-driven setup where attention, liquidity, and volatility may spike around AMA/listing milestones—but with presale and execution risks.

BCH: Levels that define the next move

Below $506 (200D EMA), downside continuation toward $450 is in play, especially while funding is negative and momentum weak. A reclaim of $542.50 on strong volume would invalidate the immediate bearish thesis and open a squeeze toward prior supply.

HBAR: Range until momentum returns

The market is treating $0.1686–$0.1831 as a working range. Oversold readings alone aren’t a buy signal; watch for a sustained close above $0.1734 to begin building a reversal case, with confirmation if price reclaims and holds the $0.20 area (the MA cluster).

BDAG: Hype, mechanics, and due diligence

Event-led bid can be powerful, but presales carry high execution, unlock, and listing risks. Treat AMA and exchange claims as catalysts to verify, not reasons to over-size. Scrutinize tokenomics, liquidity provision, market-maker support, and vesting schedules. “Confirmed” listings and prices should be cross-checked on exchange channels.

Actionable game plan (next 7 days)

• BCH: If daily closes below $506, consider momentum shorts toward $450 with stops back above the breach; if price reclaims $542.50 on volume, switch bias to squeeze scenarios.
• HBAR: Fade rallies into $0.18–$0.20 while below MAs; only build long exposure after a sustained close above $0.1734 with improving RSI/MACD.
• BDAG: Treat it as an event trade. Position small, verify AMA details on official Binance/BDAG channels, and demand clarity on TGE, lockups, LP plans, and listing timing before committing. Avoid chasing illiquid spikes.
• Risk: Size positions so a single invalidation costs ≤1% of equity. Use alerts on the levels above; let price confirm, don’t predict.

Key risks to watch

- For BCH/HBAR: macro BTC volatility can override setups; respect stops. - For BDAG: presale and listing claims may change; counterparty and liquidity risks are material. Consider the sponsored nature of the claims and perform independent verification.

Bottom line

Trade the tape, not the narrative: BCH and HBAR offer level-driven setups; BDAG is an event-led opportunity with elevated risk. Confirmation first, conviction second, capital last.

If you don't want to miss any crypto news, follow my account on X.