Brothers, I am the lord. I just took a quick look at the data and was shocked - in the past 24 hours, nearly $18.2 million has flowed out of ZEC, pushing it into the top three of the funds outflow list! Many brothers holding ZEC are panicking and coming to ask me: 'Lord, is this going to crash? Should I cut my losses and run?'
Don't rush, panic doesn't solve problems. Let's stay calm and take a look at the 4-hour K-line chart of ZEC to see what secret language it's speaking.
The news is exacerbating the situation: Why are funds 'voting with their feet'?
More than 18 million dollars in real cash withdrew from ZEC within 24 hours. This is not retail behavior; it is likely the main funds and large holders collectively retreating. Why are they running?
Overall market sentiment is poor: even ETH is experiencing massive outflows, indicating that funds are fleeing high-risk assets.
Inertia after trend breakout: when the technical chart deteriorates, it triggers programmatic trading and risk control stop-loss orders, forming a 'long squeeze'.
The 'ghost story' in the technical chart: the main force is quietly withdrawing.
From the chart, the overall trend of ZEC is very clear—downward channel. The price is being firmly pressed down, like a stone sinking.
Above, there are two mountains pressing down: the first is the strong resistance right in front, around 370; this used to be support but has now become the ceiling for rebounds. Further up, around 485 is a stronger rebound resistance area, trying to break through is as difficult as climbing to the sky.
What’s more heartbreaking is the technical indicators: the MACD double line has clearly formed a death cross below the 0 axis, which is a typical signal that the downtrend is still continuing. This indicates that the probability of hoping for a V-shaped reversal in the short term is extremely low.
What about below? 300 is a psychological barrier and also a short-term support, but if it breaks here, the real 'floor' is in the 225-250 range. That position is likely where this round of declines may truly stop.
My opinion: continue to focus on short positions.
If you are still heavily invested and trapped: now is definitely not the time to blindly cut losses at the floor, but you need to have a clear understanding. A rebound is not a reversal; every rebound is an opportunity for you to reduce your position and lower risk. Pay close attention to whether the price can rebound to around 370; that is the first 'escape window'. Don't fantasize about breaking even all at once; focus on surviving first.
If you want to gamble while being out of position:
Remember one thing: in a downtrend, do not catch falling knives. Don't think about 'bottom-fishing' just because it has dropped a lot; there may still be a basement below the bottom.
The lord gives you a piece of advice: under obvious downtrends and the background of capital outflows, your primary goal is not to make money but to preserve capital. Don't let your account become the 'fuel' for the main force's withdrawal.
The market changes rapidly; want to get exclusive operation strategies? Hurry and pay attention to the lord, I will share more valuable information in the village to help everyone avoid pitfalls and make money! Don't forget, the cryptocurrency market is risky, and following the right people is very important!#加密市场回调
