$ZEC Last night's target was reached later, but taking profits first is what matters most!
The key reasons for going long:
1. Expectations for the NU7 upgrade: The testnet has been activated, and block times have been shortened from 75 seconds to 25 seconds. The mainnet launch is planned for November 5. This is a major fundamental positive.
2. Institutions continue to accumulate: Grayscale's ZCSH ETF previously recorded cumulative net inflows of $306 million. Recently, a whale withdrew approximately $9.67 million worth of ZEC from Coinbase, reducing the amount in circulation on exchanges.
3. Active spot buying: The Spot Taker CVD indicator shows stronger buying pressure than selling pressure, with bulls still active in the market.
Want to know what to trade next in ZEC? Come to the chatroom! #IMF称代币化市场仍小且碎片化
The key reasons for going long:
1. Expectations for the NU7 upgrade: The testnet has been activated, and block times have been shortened from 75 seconds to 25 seconds. The mainnet launch is planned for November 5. This is a major fundamental positive.
2. Institutions continue to accumulate: Grayscale's ZCSH ETF previously recorded cumulative net inflows of $306 million. Recently, a whale withdrew approximately $9.67 million worth of ZEC from Coinbase, reducing the amount in circulation on exchanges.
3. Active spot buying: The Spot Taker CVD indicator shows stronger buying pressure than selling pressure, with bulls still active in the market.
Want to know what to trade next in ZEC? Come to the chatroom! #IMF称代币化市场仍小且碎片化