September 27 — Heyue ZEC

Direction: Duo

📍 Head warehouse: 1640—1630 (hang Dan)

🎯 ZhiYing: 1685—1750

Personal view: Mainly go long on dips!
If ZEC surges, there are three forces:
① Privacy narrative makes a comeback—Grayscale Zcash spot ETF (ZCSH) launches; traditional brokerage accounts can configure it directly;
② The ETF bought continuously for 16 days, attracting over $500 million in net inflows; whales also withdrew coins to lock them up, sharply reducing the circulating supply;
③ Open interest in futures once reached $3.55 billion; the futures-spot ratio was 9:1. Whale Garrett Jin’s short position lost $36.13 million and was forced to close.
ETF draws money in, whales lock coins, and shorts buy back—together pushing ZEC to 1699.
#Circle在Solana增发5亿枚USDC #Circle与Tether冻结Bitget黑客钱包 $ZEC $USDT $NEAR