Bitcoin Cash has been gaining momentum in the digital assets market. Derivatives trading activity is becoming a key driver of investment thesis. Traders eye $550 level, with potential upside to $820. Positive movement in active addresses and open interest reaching $380 million. Long bets dominate, liquidating short bets.

Crypto investors focus on technical factors with Bitcoin Cash’s recent rally. Increased bullish derivatives bets driving up BCH price. Whales investing heavily, open interest over $380 million. Data shows liquidations mostly on long end. Potential move towards $820 if trends persist, but downside risk if trends reverse.

Considerations before investing in Bitcoin Cash: Recent surge fueled by bullish derivatives bets. Active addresses at all-time high. Momentum indicates possible move towards $820 level. But be cautious, as unwinding of bullish trades could lead to near-term downside. Monitoring from the sidelines for now.

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