Bitcoin Cash Consolidates at $589 as Halving Momentum Cools

I see Bitcoin Cash trading around $589 after retreating from a $618 peak, now consolidating as halving-driven bullishness cools. Price action and indicators are mixed, so momentum remains uncertain.

Given that uncertainty, I prefer to wait for clearer confirmation — either a sustained breakout above recent highs to signal renewed strength, or a reliable hold of support near current levels before adding exposure.

I'll monitor volume, RSI and price structure for divergence or a clean support test; depending on those signals I may consider a buy-on-weakness entry or a breakout trade, but not before confirmation.