Privacy coins suddenly moved today.
ZEC trading volume reached $1400M, more than 4 times the usual amount. That scale is uncommon among altcoins, which suggests someone is building a position quickly, not retail investors buying in small amounts.
DASH rose 30% today, and ZEC rose more than 4%. Two privacy coins moving at the same time is not a coincidence.
Why now
The privacy coin sector has been quiet for a long time. Many people have forgotten about it, which is actually an opportunity. Prices are at low levels, and positions are concentrated in the hands of long-time holders. Once funds come in and volume expands, the move can start very quickly. Today’s trading volume tells us someone has begun to position.
But I’m not chasing.
ZEC is now only 2% away from its 24-hour high, with BOLL at the upper band and in overbought territory. Buying at this level is very likely just providing exit liquidity for the big players.
What am I waiting for
I’m waiting for a pullback of -8% to -10%. Historical patterns show that after abnormal volume expansion, price usually retests once, shakes out weak hands, and then starts a second wave. In the 90 to 010 range, if the 1-hour candlestick closes bullish, that is the entry I’m willing to take.
The Hurst exponent is 0.681, a strong trend signal, meaning the current direction is likely to continue. The logic behind privacy coins hasn’t changed; most people just haven’t noticed yet.
By the time they do notice, it has often already doubled.
#ZEC #隐私币 #DASH
ZEC trading volume reached $1400M, more than 4 times the usual amount. That scale is uncommon among altcoins, which suggests someone is building a position quickly, not retail investors buying in small amounts.
DASH rose 30% today, and ZEC rose more than 4%. Two privacy coins moving at the same time is not a coincidence.
Why now
The privacy coin sector has been quiet for a long time. Many people have forgotten about it, which is actually an opportunity. Prices are at low levels, and positions are concentrated in the hands of long-time holders. Once funds come in and volume expands, the move can start very quickly. Today’s trading volume tells us someone has begun to position.
But I’m not chasing.
ZEC is now only 2% away from its 24-hour high, with BOLL at the upper band and in overbought territory. Buying at this level is very likely just providing exit liquidity for the big players.
What am I waiting for
I’m waiting for a pullback of -8% to -10%. Historical patterns show that after abnormal volume expansion, price usually retests once, shakes out weak hands, and then starts a second wave. In the 90 to 010 range, if the 1-hour candlestick closes bullish, that is the entry I’m willing to take.
The Hurst exponent is 0.681, a strong trend signal, meaning the current direction is likely to continue. The logic behind privacy coins hasn’t changed; most people just haven’t noticed yet.
By the time they do notice, it has often already doubled.
#ZEC #隐私币 #DASH