Friends, ZEC has fallen again today! Are you feeling anxious? Don't worry, let me analyze it for you with my insights, and maybe the opportunity is right in front of us.
First, let’s look at the news.
ZEC has dropped to $410, failing to hold the support at $420, and the market sentiment is indeed bearish.
But don’t forget, Grayscale specifically mentioned in their latest report that 'privacy coins' are a focus for the future. As an established privacy coin, ZEC actually has a story to tell in the long run.
Although short-term is suppressed by bears, the dream of reaching $1000 next year is not shattered yet - the key is whether we can stabilize after this drop.
Next, let's look at the technical aspects.
Heavy pressure: 431 is the intraday resistance, 452 is the pullback resistance. If we can't get above these two levels, any rebound will be a false signal.
Key support: 412 is the dividing line between bulls and bears, 393 is the intraday support, and 372 is the rebound support. Remember: if it falls below 412, the next key level is 393; if it breaks again, 372 is certain to be reached!
Currently, the MACD is crossing downwards, and both the yellow and white lines are below the 0 axis, indicating that the bears are still in force and the decline is not over. The volume is shrinking and fluctuating, suggesting that the market is in a wait-and-see mode, waiting for directional confirmation.
Zhouyi's personal opinion:
For today's market, I believe ZEC will continue to explore the bottom, first looking at the 393 support. If it can't hold, 372 is likely to be reached as well. Directly jumping up to 431 or even 452? It's too difficult unless there is suddenly a major good news; otherwise, don't hold onto false hopes today.
Player suggestions:
If you are still holding coins, reduce your position above 412, and see if you can buy back around 393.
If you are looking to enter while holding cash, don't rush to catch the bottom; wait for 393 or even 372 to stabilize before making a move.
For those wanting to short, 431 and around 452 are both opportunities; set a stop loss at 460, and initially target the 412-393 range.
I know you are feeling uncertain right now; the market makes you panic as soon as it drops. But in such times, you must stay calm and look at positions and signals. I share points and strategies in real-time every day in the village, just to prevent you from making blind trades and losing money for nothing.
If you also agree: trading coins is not about luck, but about observing trends, following signals, and finding positions—then, follow me, and let Zhouyi guide you with a professional perspective to find certain opportunities in volatile markets.#ZECUSDT $ZEC
