Brothers! ZEC is now at this price of 327, like a scale covered with cloth — one side is the established reputation of anonymous currencies, and the other side is the price lying on the floor. I was shocked after digging through this data!
Market & On-chain Data Analysis: ZEC, as a 'veteran' anonymous currency of zero-knowledge proofs, has seen a 12% increase in new on-chain addresses over the past 7 days, with small addresses (holding <10ZEC) rising from 21% to 25%; meanwhile, on-chain transaction fees have dropped by 18%, indicating a reduction in trading friction. However, the daily trading volume of the anonymous currency sector accounts for only 0.8% of the crypto market, showing little heat. Yet, ZEC's NVT ratio (market cap / on-chain transaction volume) has fallen to 23 (below the anonymous currency average of 31), indicating a low valuation within the sector.
Real-time monitoring 👇
Intraday trading inquiry (intraday trend)
Bearish pressure & capital absorption period 👇
Intelligence Bureau + Combat Room Data: The Intelligence Bureau shows the dealer is bearish, but in reality, it's 'pressing prices to absorb' — in the last 3 days, the proportion of passive buying in large transactions of ZEC (>100ZEC) reached 62%, clearly 'pressing and picking'; in the Combat Room, the lowest point of bearish pressure is at 363.32, and now at 327 it's 10% lower than the pressure line, equivalent to 'the dealer is grinding prices below the cost line', although there's currently no data for the absorption area, the current price is below the last 3 months' dense chip area (340-350), which is in the stage of retail investors cutting losses and dealers taking over.
Trading Idea: Low valuation + dealer's secret absorption + technical implementation, it's a short-term value dip, but the sector's enthusiasm is insufficient, take small positions (≤5%) for a low buy, set a stop loss at 310 (if it breaks, just accept it).
Viewpoint: It's a dip but risks need to be controlled, take light positions and wait for a rebound!
(Personal analysis, for reference only, not investment advice)
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