Why I'm Not Buying $ZEC Yet (And The Level I'm Waiting For)
#zec remains capped beneath a well-defined HTF Bearish Order Block while developing a mature symmetrical triangle. The sequence of lower highs is intact, confirming supply absorption on every rally, whereas higher lows only reflect volatility compression, not trend reversal.
Technical Bias: Bearish Until Proven Otherwise.
▶️ HTF Bearish OB: $620-$740 ▶️ Dynamic Resistance: $580-$620 ▶️ Current Price: $476 (mid-range, no edge) ▶️ Dynamic Support: $385-$400 ▶️ Bullish OB: $320-$350 ▶️ HTF Order Flow: $230-$260
Trade Thesis: The highest-probability setup remains a liquidity sweep into the HTF supply zone followed by bearish rejection.
Volume continues to contract into the apex while price trades below institutional supply. This combination typically precedes expansion, with the prevailing trend favoring continuation until invalidated.
There is no statistical edge in trading the middle of the range. Let price come into premium supply or wait for a confirmed structural breakdown. Capital preservation is part of the strategy.
Coldcard Wallet Thefts Reach $88 Million as Third Wave of Drains Confirmed
Galaxy Research has identified a third wave of thefts targeting Coldcard Bitcoin hardware wallets, pushing total observed losses to approximately 1,367 BTC — worth around $88 million — spread across 4,585 affected addresses.
The ongoing nature of the exploit indicates attackers continue to access vulnerable wallets. Coldcard is a widely used hardware wallet among Bitcoin holders who prioritize self-custody, making the scale and persistence of the drains a significant security concern for the broader Bitcoin community.
$TRX ANALYSIS -------------------- $TRX /USDT is trading at $0.3263 and sitting right on top of the ascending trendline from the February $0.267 base, the same line that has held every major dip for six months straight. Price got rejected hard from $0.372 in June and has been grinding sideways since, but the trendline test right here is the moment that decides if the trend survives.
Bounce here and $0.335 comes back into range with $0.35 as the next real test. Reclaim $0.36 and the highs come back into the conversation. Lose $0.32 and the trendline finally breaks, sending price to $0.31 with $0.30 waiting as the deeper safety net. Six months of higher lows on the line, this candle carries the weight.
$SUI just broke out above the long term descending trendline from the June 14th high near 0.81, now trading around 0.8031 after a strong push off the ascending trendline support near 0.6520. This breakout comes after weeks of consolidation between 0.68 and 0.78 on the 8H chart.
Holding above 0.76 to 0.78 confirms the breakout and opens the door toward 0.81 and fresh highs next. Losing 0.76 pulls this back into the range toward 0.69 and 0.66 for a retest.
$ETH ANALYSIS -------------------- $ETH /USDT is trading at $1,856 after a sharp bounce off the $1,550 July low that already reclaimed the year long descending trendline from the June 2025 highs. Price rallied into $1,900 and is now consolidating just below it, digesting the move after a brutal year that took price from $4,800 all the way down here. The trendline reclaim is the first real structural win bulls have had since last summer.
Hold above $1,790 and the consolidation stays healthy with $1,930 and $2,030 as the next targets on continuation. Break through and the bigger reversal narrative gets real traction. Lose $1,780 and the trendline gets retested fast, with $1,670 and $1,570 waiting below as the deeper support. Trendline reclaimed, now it needs to hold as support to mean anything.
$ICP ➖➖➖➖➖➖➖ $ICP is trading around 2.088 after breaking below the long term descending trendline from the June 5th high near 2.60, now bouncing off the 2.010 to 2.040 lows on the 4H chart. Price is recovering back toward this broken trendline.