Recently, ZEC's price trend is like a play with no one willing to take over. Watching it slide from a high point all the way down to 378.90, a decline of over 5%, those still hoping for a rebound might want to wake up.
Technical charts don't lie. MA7 and MA25 are both hovering above 410, while the price is lonely and lying underground—typical of a bearish arrangement. MACD is struggling below the zero line, with DIF and DEA both negative, like a car out of fuel, sliding downward by inertia. Trading volume also appears weak; the so-called "volume-driven rally" isn't visible, while "shrinking volume and declining prices" are quite solid.
Some say ZEC has positive news: it will be listed on a major platform for dual-currency investment, a lending feature is about to be launched, and privacy technology is being discussed again. But in the face of continuous decline in the candlestick chart, these stories are like watering a dying flower—the roots are rotten, and no matter how good the surface work is, it can't prevent the ending.
This coin's whale never plays by the rules. You think it's building a bottom, and suddenly it hits a big bearish candle; you think good news will lead to a rally, but it instead takes the opportunity to dump. A 772% increase in the past 90 days? More like a staircase built for a better fall. Now that the steps are removed, falling is its destined ending.
Market sentiment has long been divided. Some shout "buy the dip" and "see 1000," while others quietly clear their positions and walk away. Ultimately, ZEC is like a fog that disperses with the wind: privacy is its outer layer, volatility is its nature, and its destination may have already been written on every descending EMA line.
If you can't handle this coin well, it's better to rest. The market never lacks opportunities; what it lacks is clarity. Sometimes, doing nothing is more important than doing something reckless. After all, when the tide recedes, you can see who is swimming naked—and ZEC's tide has already begun to withdraw. $ZEC #市场触底了吗?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Recently, ZEC's price trend is like a play with no one willing to take over. Watching it slide from a high point all the way down to 378.90, a decline of over 5%, those still hoping for a rebound might want to wake up.
Technical charts don't lie. MA7 and MA25 are both hovering above 410, while the price is lonely and lying underground—typical of a bearish arrangement. MACD is struggling below the zero line, with DIF and DEA both negative, like a car out of fuel, sliding downward by inertia. Trading volume also appears weak; the so-called "volume-driven rally" isn't visible, while "shrinking volume and declining prices" are quite solid.
Some say ZEC has positive news: it will be listed on a major platform for dual-currency investment, a lending feature is about to be launched, and privacy technology is being discussed again. But in the face of continuous decline in the candlestick chart, these stories are like watering a dying flower—the roots are rotten, and no matter how good the surface work is, it can't prevent the ending.
This coin's whale never plays by the rules. You think it's building a bottom, and suddenly it hits a big bearish candle; you think good news will lead to a rally, but it instead takes the opportunity to dump. A 772% increase in the past 90 days? More like a staircase built for a better fall. Now that the steps are removed, falling is its destined ending.
Market sentiment has long been divided. Some shout "buy the dip" and "see 1000," while others quietly clear their positions and walk away. Ultimately, ZEC is like a fog that disperses with the wind: privacy is its outer layer, volatility is its nature, and its destination may have already been written on every descending EMA line.
If you can't handle this coin well, it's better to rest. The market never lacks opportunities; what it lacks is clarity. Sometimes, doing nothing is more important than doing something reckless. After all, when the tide recedes, you can see who is swimming naked—and ZEC's tide has already begun to withdraw. $ZEC #市场触底了吗?