$ZEC ZEC, the privacy coin leader, has firmly established itself above 1,200! On this day last year, ZEC was only 160!
As the leading privacy coin, ZEC dipped to around 1,195 in the early hours, then quickly stabilized and climbed in a series of steps. It peaked at around 1,234 this afternoon, showing that there is still resistance overhead. Weekend liquidity is also lower, so price swings haven't been especially large!
Looking at the current market, after ZEC made a brief push higher, on-chain funds showed signs of flowing out. This indicates that profit-taking is still having a broader impact. Going forward, we'll need to watch how well incoming funds can absorb selling pressure and at what levels. The suggested approach is still to wait for a pullback and cautiously try a small long position!
Brother Qiu continues to share trading ideas. Feel free to follow if you're interested! $MAGIC $LUMIA #比特币反弹至8.3万美元 #XRP财库公司Evernorth完成SPAC合并
As the leading privacy coin, ZEC dipped to around 1,195 in the early hours, then quickly stabilized and climbed in a series of steps. It peaked at around 1,234 this afternoon, showing that there is still resistance overhead. Weekend liquidity is also lower, so price swings haven't been especially large!
Looking at the current market, after ZEC made a brief push higher, on-chain funds showed signs of flowing out. This indicates that profit-taking is still having a broader impact. Going forward, we'll need to watch how well incoming funds can absorb selling pressure and at what levels. The suggested approach is still to wait for a pullback and cautiously try a small long position!
Brother Qiu continues to share trading ideas. Feel free to follow if you're interested! $MAGIC $LUMIA #比特币反弹至8.3万美元 #XRP财库公司Evernorth完成SPAC合并