Pretty interesting how peaks in institutional volume marked both of $ZEC local tops.
First at $1,300. Then again at $1,700.
Mid-sized volume continues trending higher, and retail remains well above its September levels.
Institutional volume, meanwhile, has continued trending lower throughout the correction from the highs.
Until we see institutional volume start trending up again, I think Zcash is more likely to remain range-bound before making another attempt at new highs.
First at $1,300. Then again at $1,700.
Mid-sized volume continues trending higher, and retail remains well above its September levels.
Institutional volume, meanwhile, has continued trending lower throughout the correction from the highs.
Until we see institutional volume start trending up again, I think Zcash is more likely to remain range-bound before making another attempt at new highs.
