To be honest, this dip in ZEC isn't just a coincidence; the privacy coin sector is generally weakening, and there's a clear outflow of funds. The spike is just a facade; the real issue is that market confidence is lacking, and fewer people are willing to take up the bag. It’s highly likely that we won’t hold the 400 mark; it’s not a question of if it will break, but when it will break. Considering that the volume from this drop hasn’t fully released yet, 350 could indeed come into play, but don’t expect it to happen in one go—there might be a frustrating back-and-forth process in between. If you’re currently holding a short position, feel free to maintain it, but don’t over-leverage. If you haven’t entered the market yet, I suggest waiting for a rebound to short—it’s easy to get burned when chasing the short. Anyway, the overall trend is bearish, so just be patient and wait for your opportunity.