Spot buying became heavily concentrated within a short period, breaking the market’s stalemate.
$ZEC Spot trading volume quickly surged to over $5.5 million, nearly 2.9 times the previous baseline, with aggressive buying accounting for more than 76%.
As buyers moved in force, the price rose above the previous four-hour consolidation high of $1,223.69 and closed at $1,235.01.
The cluster of buy orders pushed the price out of its established trading range. The previously breached upper boundary at $1,223.69 is now the clearest reference point for gauging current market strength.
$ZEC Spot trading volume quickly surged to over $5.5 million, nearly 2.9 times the previous baseline, with aggressive buying accounting for more than 76%.
As buyers moved in force, the price rose above the previous four-hour consolidation high of $1,223.69 and closed at $1,235.01.
The cluster of buy orders pushed the price out of its established trading range. The previously breached upper boundary at $1,223.69 is now the clearest reference point for gauging current market strength.