Crypto friends, the God of Wealth has arrived! Today, the drop is truly ruthless, plummeting over 10% in 24 hours! But on-chain data reveals a shocking secret — a mysterious range is frantically accumulating, while another area is the bears' "slaughterhouse". Is this a desperate abyss or a deep squat before getting rich? Follow the God of Wealth, and in three minutes, we will take you straight to the heart of the main force!
The news seems to be "flowing with blood", but in reality, it "hides vitality":
Although the market is grimly green, the "capital accumulation range" on the 15-minute chart is being silently filled by mysterious funds. What does this mean? Big players are taking advantage of retail investors' panic to pick up chips at low prices! They are not here to offer warmth, but are eyeing a much larger future space. Meanwhile, the "bearish pressure zone" above 358-362 hangs like a knife; a rebound to this area will trigger new selling pressure.
The technical aspect has already 'drawn the clear cards':
The trend on the one-hour chart is not optimistic: Prices are firmly pressed below the key level of 360, MACD is crossing down below the zero line, and bears hold absolute advantage. However, this drop may likely find support in the 'accumulation zone' and lead to a rebound.
The real test is: Can the rebound break through 360? If it can't, it will turn down again, testing the 330 support, and even the strong support at 300.
If Ruishen's sharing has helped you, you can follow Ruishen, enter the chat room to get first-hand information and entry points!
Ruishen's views and strategies:
Ruishen is bearish on the short-term trend but expects a rebound! The core strategy is: find selling points during the rebound and follow the trend when breaking levels.
A mantra for all retail investors: Never try to guess the bottom now! Remember, 'during the accumulation phase, prices are most challenging,' you might be buying halfway up the mountain.
Advice for those looking to enter the market:
For shorting: Patiently wait for prices to rebound to the 'death zone' of 358-360, and if signs of stagnation appear, act decisively.
For going long: If you want to bet on a rebound, you must wait for prices to drop into the 'accumulation zone' of 346-350 and show signs of stabilizing before cautiously testing with a small position and quickly entering and exiting.
Risk control lifeline: Keep a close eye on the level of 330. If the rebound fails and breaks down here with increased volume, the decline will accelerate, and be sure to cut losses.
The essence of the market is the exchange of chips. While panicked retail investors are cutting losses, smart funds are calculating how to take your chips.
If you think Ruishen's deep analysis combining on-chain data and technology has helped clear the fog of decline for you, and even revealed the main force movements that others overlook, you can follow Ruishen. Next, will ZEC make a desperate counterattack in the 'accumulation zone' or be pushed back into the abyss by the 'suppression zone'? I will use the sharpest market sense to help you lock in every key price point that determines victory or defeat. Here, you are not only watching the analysis but also learning how to dance with the main force.#加密市场观察
