$ZEC surge against the trend and has already carved out an independent uptrend!
While the broader market returns to oscillation and gets pulled back and forth, $ZEC has already been trading independently. After that previous round of strong rally, it even brushed a high of 1297. Even if there’s a minor pullback in the short term, the overall bullish setup remains stable and performing steadily.
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For now, the total short-term position size has dipped slightly, but the big players’ share on the long side continues to rise steadily. Large funds are entering the market in batches to lay out positions. Meanwhile, the advantage of the shorts is being gradually squeezed—on the 4-hour chart, the structure is still in an upward channel. This pullback looks more like consolidation and “washing” during an uptrend, just flushing out some floating short-term chips.
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Moreover, the selling pressure is slowly running out. The bulls are building up energy, ready to launch. While others are getting beaten back and forth by following the broader market, ZEC might quietly come with another surprise—good scenes are still yet to come.