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ZKsync today slipped 1.7%, lagging behind most Layer2 tokens. What's dragging it down?
First off, the Lite version shutdown announcement—set for 2026—has traders spooked in the near term. Uncertainty around migration paths tends to do that.
Technically? Not pretty. Price sitting below major EMAs, MACD flashing bearish signals, and RSI hovering at 38—dangerously close to oversold territory but not there yet.
Broader context matters too: Bitcoin dominance just hit 58.6%. When BTC flexes, altcoins usually bleed. ZKsync's no exception.
Watch those support levels closely if you're holding bags.