$ZEC Yesterday was simply outstanding!
ZECUSDT
Perp
465.08
+1.60%
After retracing to the daily support level of 300 and stabilizing, while the market generally dipped in the early morning, ZEC instead showed an independent trend, leading the gains.
The previous wave of long positions above 700 has basically been cleared out, so this rebound appears particularly smooth. More importantly, the expectation of ZEC's spot ETF application is starting to ferment in the market, with signs of institutional funds flowing back in.
With technicals aligning with the news, this wave of increase seems to be a natural outcome. If it can maintain this rhythm during the day, there may still be more to look forward to. $MYX
I personally have a positive outlook for the rise and will continue to keep an eye on ZEC for updates.