$ZEC It fell from 1267.68 to 1075 in a day, down 13.04%, with 272M in trading volume. Some people in the community say this is rotation into the privacy sector, but I checked the market and couldn’t see any signs of rotation. If it really were rotating, buyers should have stepped in on the way down. Now, at 1088, it’s just 1.2% above the 24-hour low, hugging the floor. 272M in volume isn’t small, but the price hasn’t held at the lows, which means sellers are in more of a hurry than buyers. I’m basing this on just one thing: the price structure. If 1075 breaks on heavy volume, there’s no support below to refer to, so the only levels to watch are round numbers.

#ZEC #BinanceSquare #Crypto