#加密市场反弹 $ZEC Today, a brother asked me what the trend of ZEC is now. Here I will share this small coin's analysis approach. From the market, we can see that after a long time of bottom accumulation, it first broke through the high point of the bottom accumulation at 79 with significant volume and a very small pullback, and the volume was weak. It is clear that the market then rose again, breaking through the historical high of 374 with synchronized trading volume. We can also see that after a 4-day pullback, the price, regardless of how much volume the bears released, was ultimately absorbed by the bulls. The price re-entered a bull market, reaching a new high of 775. We can see that at 775, the main force began to distribute. The price reached 424.82, which is the ice line bottom for this round of distribution. Before the main force has completed its distribution, this position cannot be broken. The price reached the distribution peak of 748 again, further proving that around 740 is the peak area for the main funds to distribute. The market then fell back to 468, forming a trend of bottoming out at the ice line 424.82, which is a bullish trap. Based on the above analysis, we can know that the main force is currently consolidating and distributing at a high level. Therefore, we only have two trading ideas: the first is to make trades at the ice line point to take advantage of the rebound, because if the main force wants to distribute, the price will definitely reach the 700 overbought area again, unless all goods have been sold out. The second idea is to short when the price reaches slightly above 700 to follow the main force's distribution, as there have been two distributions, and the third time is likely to be the last opportunity to get on board. Knowing the thought process, for such a small coin, we know that the main force has a serious grip on the market and that the volatility is large. So if you go long at the ice line, the historical high range of 374-424.82, regardless of what price you get in at, keep the stop-loss price at 350 and the take-profit at 700, controlling it within a range you can bear. If you short, at least wait for the price to reach above 700, controlling the stop-loss at 25 points above the previous high, which is at 801. Bet on the last drop, breaking the ice line, and the price returning to 270, or wait for this round to break the ice line and rebound to the ice line position to enter short with volume to go in. This is my interpretation of this small coin's market! Personally, I think small coins do not follow the big market; the only thing we can trust is their manipulation methods and fund movements to predict the main force's objectives!
The above views are personal opinions! They do not constitute investment advice!
ZECUSDT
Perp
404.07
-5.87%
