ETF investors $ZEC pour millions of dollars back into Zcash as Bitcoin declines
#BinancePick
if it closes above $223 to see strong momentum in the coming days.
Return of inflows: Wall Street investors poured $41.1 million into Zcash ETFs last week, marking four consecutive days of inflows after a difficult period of withdrawals.
Market performance: Bitcoin funds ended the week with a positive net balance ($301.2 million), while Ethereum funds lost $220.7 million.
Price levels and technical tests: ZEC rebounded after falling to $118, bringing the immediate price test to $200, amid divided analysts.
Analysts’ outlook:
Some analysts see a potential bullish signal if it closes above $223, with strong momentum expected in the coming days.
#BinanceSquareFamily #ZECUSDT #Bitcoin❗ #BStocks
#BinancePick
if it closes above $223 to see strong momentum in the coming days.
Return of inflows: Wall Street investors poured $41.1 million into Zcash ETFs last week, marking four consecutive days of inflows after a difficult period of withdrawals.
Market performance: Bitcoin funds ended the week with a positive net balance ($301.2 million), while Ethereum funds lost $220.7 million.
Price levels and technical tests: ZEC rebounded after falling to $118, bringing the immediate price test to $200, amid divided analysts.
Analysts’ outlook:
Some analysts see a potential bullish signal if it closes above $223, with strong momentum expected in the coming days.
#BinanceSquareFamily #ZECUSDT #Bitcoin❗ #BStocks
