$ZEC 390 Effective support has led to a rebound, currently still facing resistance around 421. This morning, all the long positions in ZEC have been closed with a profit of over 700 USD. We'll see if 421 gets broken by the bulls today. Currently, there has been a slight outflow of accumulated funds from the main players, but it's not particularly significant. A key level for ZEC is 450; if it stabilizes there, it can challenge prices above 500. The narrative around ZEC has started due to the previous investigations into BTC asset cases, which have severely tested the resistance to scrutiny and anonymity of Bitcoin, thus driving interest in privacy coins. As interest rises, market makers see opportunities to enter and make markets. ZEC remains a frequently traded token by market makers. If you're holding, don't panic; you can hold on a bit longer. Future news leaks will similarly drive interest in privacy coins. There are still good opportunities in ZEC.
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