#加密生态动态追踪 Are you still holding onto your position? Let's talk about the recent situation of ZEC.



Last night, after the Federal Reserve cut interest rates, ZEC's resistance level at 450 never broke through and turned down to around 400. Today at noon, it also didn't hold. Although there was a rebound today, to be honest, the rebound wasn't very strong; it looks like a short-term correction, and the actual downtrend hasn't reversed at all.

Looking at on-chain data, ZEC's contract holdings have been shrinking continuously, and the enthusiasm for this rally is also rapidly dissipating. For those who bought above 500, wanting to exit safely? The probability is very low; it's unlikely to see the 500 level again.

What about the future trend? Market liquidity is becoming increasingly thin, and the market will gradually become dull, leading to a bearish decline. So my idea is to find a suitable position to open a short position, which could be a long-term setup, with a target below 300.

$ZEC $ETH are worth paying attention to.

The above is just my personal analysis; welcome to further discuss and explore.
ZEC-9.09%
ETH0.53%
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MetaverseHomelessvip
· 21h ago
Brothers who bought in above 500... This time, I'm afraid there's really no coming back. I was right, wasn't I?
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AltcoinTherapistvip
· 12-11 12:26
The group of people in the 500 range should have already given up, anyway I wouldn't dare to short, with liquidity so thin who knows if I'll get liquidated.
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PebbleHandervip
· 12-11 08:32
People on 500 are probably praying desperately right now, honestly can't see that price anymore... --- Coming back with a short idea? This round is really bearish, would you dare to bury below 300? --- I agree that the contract positions are shrinking, but how long the downward trend can be dragged out is really uncertain, mainly depends on the Fed's subsequent attitude. --- It's obvious that the rebound lacked strength, yesterday's wave was just a trap to lure buyers, just a trap. --- The popularity of ZEC as a currency has always been average, whether the market cap is dead or not doesn't make much difference, feels like it should have been cut already. --- Can you catch the knife below 300? Once a downtrend forms, these things can hit the limit down, not just a dream. --- In a low-liquidity environment like this, it's the hardest to operate, easy to suffer from slippage. Long-term short positions sound good but require a stable mindset.
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TestnetScholarvip
· 12-11 08:32
Honestly, this wave of ZEC is really pointless. It can't even break 450 and is just bouncing back for what?
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OnchainGossipervip
· 12-11 08:32
Oh no, the guys above 500 must be freaking out mentally; I really can't see that price level anymore.
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DefiOldTrickstervip
· 12-11 08:12
Oh no, the wave of 500 investors having to accept their fate. Once this downward trend starts, it never ends. I experienced this cycle back in the EOS days; it was a costly lesson.
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