If we talk about the altcoins that have been performing strongly recently, ZEC definitely counts as one. From the market perspective, this wave has already increased by nearly 500%, and there are still no obvious signs of a pullback. Now, the most concerned question is: can we still jump on board now? ZEC is a coin focused on super privacy; it is based on Bitcoin's code but utilizes the 'zk-SNARK' technology, which allows for completely anonymous transactions, making it impossible for others to trace any information. Unlike ordinary coins, it not only facilitates transfers but can also completely 'disappear', making it especially suitable for those who do not want to be monitored. The total supply is 21 million coins, with approximately 16.3 million currently in circulation. Since Grayscale launched the ZEC trust fund on October 1st, although the fee is 2.5%, it has still attracted considerable investment. What truly drove this wave of increase is that for the first time, investors from the United States had a compliant channel to buy ZEC, leading to an influx of institutional investments beyond expectations. Following the launch of the fund, ZEC's futures trading volume once surged to $236 million, setting a new weekly high. Overall, ZEC's explosive growth is a result of the combination of three factors: 'privacy attributes + institutional involvement + supply scarcity', which can be seen as a return to mainstream narrative from the trough, also proving that the ideals of crypto are still alive. However, overbought signals have already appeared, and it may take a breather in the short term. In the long run, privacy will always be a fundamental need for crypto, and ZEC is undoubtedly the leader in this field. If there is an opportunity to pull back to around 220 later, one can consider entering the spot market, with a long-term bullish outlook towards 600.
My cost price is in the 60s, and I will choose to hold.
If you want to know more or are unsure about which coin to buy, you can add me as a friend on Binance for communication.
#YALATrade Finally released the flood after two or three days, eight times the profit from short positions. The waiting process was torturous, but the result is beautiful.
#ETH Breaking through and standing firm should be easy to understand
If the breakthrough isn't stable, then it's a false breakthrough, and that's the end of it
Successfully secured two hundred points
The thinking remains high altitude, if you don't know how to operate, just follow along
区块说
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#ETH $ETH {future}(ETHUSDT) November 27 ETH Daily Analysis Today's market, from the daily perspective, the technical indicators are slightly stronger than yesterday, with the KDJ and MACD golden cross becoming more apparent. However, the overall trend is still being pushed down by the Bollinger Bands. Although the MA5 and MA10 short-term moving averages are showing a slight upward trend, the MA30 long-term moving average is still pressing down. In simple terms, the technical situation is similar to yesterday, with the only change being that the price has risen above 3000. Therefore, staying above 3000 USD is a critical watershed that needs to be closely monitored.
Looking at the 12-hour level The short-term KDJ and MACD are quite strong, showing significant upward momentum. The Bollinger Bands are still generally pressing down, but the pressure is slightly weaker than yesterday. Currently, the MA5 and MA10 are also moving upward, but they are similarly being pressed down by the MA30. Overall, the area between 3040 and 3090 has heavy selling pressure and is a strong resistance zone. Whether Ethereum can break through this will basically determine the overall trend for early December.
Summary and Operational Thoughts In simple terms, it's all about the 3040-3090 pressure zone: If it successfully breaks through and stabilizes: Then the weekly level may start a rebound, with the next target being around 3270-3360. If it fails to push above: Then there is a high probability of starting a second round of decline, going down as it came up. The strong support level below is still in the range of 2566-2400.
#ETH $ETH November 27 ETH Daily Analysis Today's market, from the daily perspective, the technical indicators are slightly stronger than yesterday, with the KDJ and MACD golden cross becoming more apparent. However, the overall trend is still being pushed down by the Bollinger Bands. Although the MA5 and MA10 short-term moving averages are showing a slight upward trend, the MA30 long-term moving average is still pressing down. In simple terms, the technical situation is similar to yesterday, with the only change being that the price has risen above 3000. Therefore, staying above 3000 USD is a critical watershed that needs to be closely monitored.
Looking at the 12-hour level The short-term KDJ and MACD are quite strong, showing significant upward momentum. The Bollinger Bands are still generally pressing down, but the pressure is slightly weaker than yesterday. Currently, the MA5 and MA10 are also moving upward, but they are similarly being pressed down by the MA30. Overall, the area between 3040 and 3090 has heavy selling pressure and is a strong resistance zone. Whether Ethereum can break through this will basically determine the overall trend for early December.
Summary and Operational Thoughts In simple terms, it's all about the 3040-3090 pressure zone: If it successfully breaks through and stabilizes: Then the weekly level may start a rebound, with the next target being around 3270-3360. If it fails to push above: Then there is a high probability of starting a second round of decline, going down as it came up. The strong support level below is still in the range of 2566-2400.
#plume Some people still don't understand why knockoffs fall after being listed; the reason is that they love to play with cryptocurrency projects, mainly using them as liquidity. Only when someone takes over the project can they sell better. $PLUME After being listed, I was notified immediately to short, currently gaining from 3 short positions, feeling comfortable. But not all coins that are listed will fall; like today's xoin, which surged 100% during the day. So it's still important to be cautious and not operate blindly. If you don't understand, just follow and relax while waiting for the benefits 😀
#pengu Pumping soon!! The surge is unimaginable, we have placed a long position around 0.0113 for $PENGU , both the实体业获奖 and the art exhibition in early December are positive news, currently holding the long position with floating profits, and the short position for the pump is also floating in profit! Want to layout more altcoins + my Binance friends
$MMT The first target has been reached, as usual, if you have a large vision, reduce your position and continue to look upwards. This coin is considered a new coin and has been consolidating recently with liquidity above. If there is a pump, it will bring a rise.
How long does it take to earn 1,000,000 oil from 10,000 oil?
Currently, in one week, the profit is nearly 4,000 oil with a position profit of 32%. Let's calculate that earning 3,200 oil in one week and reinvesting it, it would take about 17 weeks to earn 1,000,000 oil from 10,000 oil. Wow, this time isn't too long, much better than traditional finance.
Free your hands and steadily collect profits. If you have ideas, add me as a friend on Binance.