$ZEC Speculative Trading: ZEC has dropped 40% in the last month, and market sentiment is considered to be temporarily excited, indicating high volatility and the risk of further price corrections.
Low Usage Metrics: ZEC's daily on-chain transaction volume (8,000 transactions) is far below Monero's (26,000 transactions), suggesting that its actual use cases may not be as strong as the trading volume indicates.
Upcoming Resistance: ZEC faces significant resistance in the $450 to $460 range, with previous rebounds having stalled multiple times in this area, triggering short-selling activity.
Is anyone coming in to speculate on my bottom?
