$ZEC has fallen below 800. All the moving averages are sitting overhead, and MiG says this pullback isn’t over yet.
“Don’t try to guess the bottom when it’s dropping—most rebounds are probably just luring people in.”
This sell-off is being dragged down by the broader market. If BTC can’t hold 78,000, ETH drops to 2,443, SOL pulls back more than 3%, and even BNB has broken below 700. For high-volatility coins like ZEC, when they fall, they fall harder.
Looking at the 1-hour chart: after the MACD formed a bearish cross, it’s still trending downward. Volume is increasing, but it’s all sell orders—there’s no sign of stabilization or a bottoming attempt. Below, 760–780 is where it previously held up several times. If that level can’t hold, the next area to watch is 720–730. That said, the outlook for the Grayscale Zcash ETF is still there. This move is more driven by short-term profit-taking, so the bigger picture may not necessarily be broken.
Our trading plan:
If you want to short, a rebound to 800–810 is a zone to try a small-position short. If you want to go long, wait for stabilization signs around 760 before acting—don’t rush in.
Our view:
In the short term, it’s indeed weak. I won’t try to bottom-pick; I’ll wait for clear bottoming signals. Until the Grayscale ETF expectation becomes reality, the medium-to-long-term logic hasn’t changed, but for now, we should hold back. Stay steady—don’t do anything reckless.
#比特币受阻于81000美元50周均线 #Solana现货ETF累计净流入创纪录12.2亿美元
$BNB $BTC
“Don’t try to guess the bottom when it’s dropping—most rebounds are probably just luring people in.”
This sell-off is being dragged down by the broader market. If BTC can’t hold 78,000, ETH drops to 2,443, SOL pulls back more than 3%, and even BNB has broken below 700. For high-volatility coins like ZEC, when they fall, they fall harder.
Looking at the 1-hour chart: after the MACD formed a bearish cross, it’s still trending downward. Volume is increasing, but it’s all sell orders—there’s no sign of stabilization or a bottoming attempt. Below, 760–780 is where it previously held up several times. If that level can’t hold, the next area to watch is 720–730. That said, the outlook for the Grayscale Zcash ETF is still there. This move is more driven by short-term profit-taking, so the bigger picture may not necessarily be broken.
Our trading plan:
If you want to short, a rebound to 800–810 is a zone to try a small-position short. If you want to go long, wait for stabilization signs around 760 before acting—don’t rush in.
Our view:
In the short term, it’s indeed weak. I won’t try to bottom-pick; I’ll wait for clear bottoming signals. Until the Grayscale ETF expectation becomes reality, the medium-to-long-term logic hasn’t changed, but for now, we should hold back. Stay steady—don’t do anything reckless.
#比特币受阻于81000美元50周均线 #Solana现货ETF累计净流入创纪录12.2亿美元
$BNB $BTC
