#zcash现货etf首现周度净流出9360万美元 ZEC This wave of ETF outflows—even seasoned players are watching this level.
That Grayscale Zcash ETF recorded its first weekly net outflow: $93.6 million was pulled out directly. The previous two weeks it was still a hot target, attracting nearly $100 million—now it flips like a book page.
Meanwhile, the community hasn’t been idle. Some of the stolen funds from Bitget reportedly flowed into a Zcash privacy pool. For coins trying to curry favor with Wall Street, this is at least a bit awkward. But the amount isn’t huge—just a few million (around $3 million+), so it’s not the main cause of the sell-off, though it definitely adds to the sour mood.
On the technical side, take a quick look: it fell from the high of 1698 by about 21%. RSI is back in the neutral zone around the mid-50s, while ADX is still at 52—trend strength hasn’t fallen apart, but the follow-through is definitely in question. Moving averages still show a bullish alignment; the medium-term structure hasn’t broken, but short-term momentum has clearly started to deflate.
There’s basically one key level: 1233. If the daily close holds above it, that would count as a normal pullback and the market can still play. If it breaks, support below becomes rather flimsy, and the deeper the correction, the longer it may take.
As for direction, short-term I lean toward the correction not being fully over yet. ETF capital is still being withdrawn, with no stabilization signals. If the rebound stalls around 1410 and can’t get through, that would be an opportunity to reduce positions—not a time to chase.
$ZEC $DASH $NEAR
That Grayscale Zcash ETF recorded its first weekly net outflow: $93.6 million was pulled out directly. The previous two weeks it was still a hot target, attracting nearly $100 million—now it flips like a book page.
Meanwhile, the community hasn’t been idle. Some of the stolen funds from Bitget reportedly flowed into a Zcash privacy pool. For coins trying to curry favor with Wall Street, this is at least a bit awkward. But the amount isn’t huge—just a few million (around $3 million+), so it’s not the main cause of the sell-off, though it definitely adds to the sour mood.
On the technical side, take a quick look: it fell from the high of 1698 by about 21%. RSI is back in the neutral zone around the mid-50s, while ADX is still at 52—trend strength hasn’t fallen apart, but the follow-through is definitely in question. Moving averages still show a bullish alignment; the medium-term structure hasn’t broken, but short-term momentum has clearly started to deflate.
There’s basically one key level: 1233. If the daily close holds above it, that would count as a normal pullback and the market can still play. If it breaks, support below becomes rather flimsy, and the deeper the correction, the longer it may take.
As for direction, short-term I lean toward the correction not being fully over yet. ETF capital is still being withdrawn, with no stabilization signals. If the rebound stalls around 1410 and can’t get through, that would be an opportunity to reduce positions—not a time to chase.
$ZEC $DASH $NEAR
