#ZcashFallsBelow$1000ForFirstTimeSinceSeptember
๐จ Critical Threshold: ZEC has lost a total of 42% in value since its September peak of $1,700.๐ฅ Inflation Pressure: U.S. inflation data that exceeded expectations (0.4%) triggered sell-offs across the entire crypto market.๐ฅ Liquidation Wave: $40.96 million in leveraged trades were liquidated in the last 24 hours (of which $35.66 million were bullish positions).๐ธ ETF Outflows: More than $15 million flowed out of the Grayscale Zcash ETF in early November.๐ก๏ธ Critical Levels: Support lies at $870โ$900, while $1,000 is the first resistance level above.
$ZEC $AGT $MUU
๐จ Critical Threshold: ZEC has lost a total of 42% in value since its September peak of $1,700.๐ฅ Inflation Pressure: U.S. inflation data that exceeded expectations (0.4%) triggered sell-offs across the entire crypto market.๐ฅ Liquidation Wave: $40.96 million in leveraged trades were liquidated in the last 24 hours (of which $35.66 million were bullish positions).๐ธ ETF Outflows: More than $15 million flowed out of the Grayscale Zcash ETF in early November.๐ก๏ธ Critical Levels: Support lies at $870โ$900, while $1,000 is the first resistance level above.
$ZEC $AGT $MUU
