The post-rally battle over ZEC’s remaining momentum! ZEC slips back to 1,327—can the final line of defense at 1,300 hold?
After waves of news about ETF redemptions and a potential $100 million mining-machine purchase, ZEC followed the broader market from gains into losses, closing at $1,327.23.
There were no new redemptions or finalized orders today. The high trading volume is entirely the “leftover activity” from the massive turnover of the past few days.
Conclusion: $1,300 remains the key floor in this pullback. Amid a wave of liquidations across the broader market, ZEC—lacking independent buying support—could easily break lower with the trend. Don’t blindly try to catch a falling knife.
#ZEC #Zcash #隐私币 #筹码残量
$ZEC
After waves of news about ETF redemptions and a potential $100 million mining-machine purchase, ZEC followed the broader market from gains into losses, closing at $1,327.23.
There were no new redemptions or finalized orders today. The high trading volume is entirely the “leftover activity” from the massive turnover of the past few days.
Conclusion: $1,300 remains the key floor in this pullback. Amid a wave of liquidations across the broader market, ZEC—lacking independent buying support—could easily break lower with the trend. Don’t blindly try to catch a falling knife.
#ZEC #Zcash #隐私币 #筹码残量
$ZEC
