Bitcoin Cash (BCH) is showing notable resilience in a turbulent macro environment, bouncing 6.5% after falling to a key support level near $391. Despite global trade tensions and rising treasury yields putting pressure on risk assets, BCH rallied sharply in a textbook V-shaped recovery.

The rebound began after BCH touched $391.656 in early morning trading, triggering a wave of buying activity during the 01:00–04:00 window. A decisive breakout came at 13:00, sending the asset to a session high of $416.958, accompanied by the highest hourly volume of the day—over 28,000 units.

That surge shifted market sentiment, with former resistance at $409.80 now acting as support. A consolidation phase followed, forming a classic bull flag, with declining volume hinting at a potential continuation of the upward move.

Traders are now eyeing the $413–$413.50 range as a key area to hold for the rally to sustain. With the broader crypto market under pressure from macro uncertainty, BCH’s recovery suggests that dip-buyers remain active and technically focused.

Bitcoin Cash’s bounce could be an early sign of strength returning to altcoins—provided support levels hold and macro conditions don’t further deteriorate.