$ZEC is still in a downward trend. From a technical perspective, the key support level of 400 has already failed. It will continue to decline towards around 300. Currently, ZEC has just undergone some other manipulative actions, with large amounts of capital from whales buying in to attract many retail investors. However, there has been a concentrated sell-off, leaving the remaining retail investors in confusion. This method of harvesting has become thoroughly rotten in this circle, and it is still not recommended to buy the dip in the short term.

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