Many traders use the market psychology cycle chart like a roadmap. It isn’t.

It explains how people feel after price moves, not why price moves.$ZEC

Price is driven by liquidity, positioning, and risk, not emotions. Sentiment always reacts after.

Another mistake is assuming one clean cycle — in reality, psychology exists on multiple timeframes at once.

Right now on $ZEC , this is not euphoria or panic. Volume is thin, participation is low, and price is sitting at a known liquidity zone. That signals a decision phase, not an emotional extreme.

Trading Plan — $ZEC

LONG — Acceptance

•Entry: 420–435

•SL: 398

•TP: 480 → 525 → 565

SHORT — Rejection

•Entry: 455–470

•SL: 495

•TP: 420 → 385 → 350

Bias rule:

Hold above $400 → favor longs.

Rejection at supply → short the failure.

ZECUSDT

Perp

436.05

-2.99%