$ZEC actually if you stretch the time, in the end it will always end with a halfing; at worst it would drop by around 500. The current feeling is like last year’s BTC K-line at 730—chopping and grinding, over and over, making it so you can’t hold the high-level chips, then topping out, and afterward starting a long period of slow, bearish decline. I originally thought around 850 was the top. My short position at 799—when it fell to 780 and I would have been in profit—I didn’t close. I was hard stuck for two or three days. It kept rubbing back and forth in the 850–888 range. If it really had the strength, it would just push up a bit more to 900–1000. To put it simply, this thing won’t surpass Bitcoin or Ethereum. The hype around privacy-coin stories will fade later too. For now it just depends on who can’t hold on—can’t stand it—closes out and cuts losses, then goes long on the other side. There are plenty of people shorting the bottom too. Those folks have suffered for at least a month. It will fall—this market is just grinding… absolutely grinding…
#ZECUSDT