ZEC fell from $1,200 to $994 while Asia slept. Now it is defending $1,000.

Binance 24h: -12.4% on $264M of volume, heavier than any other altcoin, on 893k trades. High $1,199.82, low $994.22. On OKX, open interest fell from ~$162M to ~$130M and over three quarters of forced closures were longs (CryptoTicker).

Hot US October CPI hit a crowded long side. Grayscale's ZCSH ETF saw $46.25M of net outflows in October and $15M+ so far in November, even as Grayscale pledged $1M to Zcash grants and wrapped the WSJ front page in zebra stripes on Nov 10 (The Block).

$1,000 is the level traders are watching on $ZEC . And of Binance's seven biggest-volume pairs right now, only two are green: $PEPE and $NEAR .

The flush landed before Asia opened. Korea, Japan, China: buying it, or sitting in memes until it settles?

#Write2Earn #Altcoins #암호화폐 #仮想通貨 #山寨币
Not financial advice. DYOR.