ZEC just down 6% to $1,189. That is a brutal drop for one of the top movers.
The volume is sitting at $222M, which is decent. But barely four out of thirteen liquid coins are green today. The rest are bleeding.
It feels choppy. BTC is barely touching -0.91% while XRP pops 2.21%. Small wins that do not matter if the big guys are soft. The breadth is just not there to support a recovery.
Watching the mid caps crumble feels weird when the giants stay flat. Usually, correlation is stronger. Today it feels disconnected.
That 6% slide on ZEC with that level of liquidity stands out. It suggests specific selling pressure right now.
📉
$ZEC $BTC $XRP
The volume is sitting at $222M, which is decent. But barely four out of thirteen liquid coins are green today. The rest are bleeding.
It feels choppy. BTC is barely touching -0.91% while XRP pops 2.21%. Small wins that do not matter if the big guys are soft. The breadth is just not there to support a recovery.
Watching the mid caps crumble feels weird when the giants stay flat. Usually, correlation is stronger. Today it feels disconnected.
That 6% slide on ZEC with that level of liquidity stands out. It suggests specific selling pressure right now.
📉
$ZEC $BTC $XRP