Zcash surged 650% and is now cooling down! Leverage signals suggest: Is the real breakthrough building up?🚀
ZEC skyrocketed 650% in three months and has recently entered a deep consolidation phase. Over the past month, it has corrected more than 40%, and market sentiment has turned cautious. But here comes the key point: on-chain data shows that high leverage positions are being cleared, which is usually the "calm" before a big move. Analysts view $404 as the next key resistance level, and a breakout could trigger a new wave of strong upward movement.
💡 Core insight: The deep correction has cleared unstable leverage, paving the way for a healthier rise. The current consolidation is not an end but a building phase. Keep an eye on the $404 level!
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