Bitcoin Cash (BCH) fell below its critical $272 support level in May, ending a trading range that lasted over two years. The price briefly bounced from a long-term support at $188 to around $240 but has since declined again. Selling pressure intensified in May and June, with BCH losing nearly 42% in value and its strength against Bitcoin weakening. Despite some short-term bullish signs on lower timeframes, the overall trend remains bearish, and BCH is likely to drop below $200 if the downward momentum continues.