#ZEC sets a new high for this cycle, approaching 1700. The privacy sector’s heat spills over, and SNDK also attracts capital attention. But my view is: short-term momentum is bullish; in the medium term, we need to watch for pullbacks. Risk management comes before chasing highs.

Current price is 1730.5. In the past 24 hours it has risen only 1.1%. The high-low range is 1751.5 to 1687.1, with turnover of 338k. The funding rate being zero suggests the longs are not overheated. The 4-hour structure is still trending upward. The 1-hour pullback is 3.05%. In the order book, there are 392 bids vs 156 asks, with a power ratio of 2.52. Support below is clearly stronger than the sell pressure.

Strategically, near 1732 I will take a small long position. Set a stop-loss at 1684.5, with a target of 1786.5. If within one hour price breaks below 1687 and volume expands, exit immediately without holding the position through it. Keep the position size to no more than 5% of total capital per trade. Risk control is above all else.

——Personal opinion only and does not constitute investment advice. Wishing you a successful trade.——

$SNDK#ZEC sets a new high for this round again, approaching $1,700