#ZcashETFPostsFirstWeeklyOutflow$93.6M
๐จ $ZEC ETF FLOWS JUST FLIPPED โ SHOULD HOLDERS BE WORRIED?
Zcash just recorded its first weekly ETF outflow since launch. ๐
๐ธ $93.6M flowed out
๐ ZEC pulled back from its recent highs
๐ฅ After a huge rally, profit-taking is now showing up
But hereโs the interesting part:
Is this the start of a deeper correctionโฆ or simply a reset before the next move?
Iโm watching 3 things:
๐ข $1,280โ$1,300 โ can buyers defend support?
๐ด $1,450โ$1,500 โ key resistance
๐ฐ ETF flows โ do inflows return?
If outflows continue + support breaks โ ZEC could see more downside.
If buyers defend support + ETF flows turn positive again โ the pullback could become an opportunity.
๐ What do you think happens next?
๐ข BUY THE DIP
๐ด MORE DOWNSIDE
๐ Drop your ZEC target.
๐จ $ZEC ETF FLOWS JUST FLIPPED โ SHOULD HOLDERS BE WORRIED?
Zcash just recorded its first weekly ETF outflow since launch. ๐
๐ธ $93.6M flowed out
๐ ZEC pulled back from its recent highs
๐ฅ After a huge rally, profit-taking is now showing up
But hereโs the interesting part:
Is this the start of a deeper correctionโฆ or simply a reset before the next move?
Iโm watching 3 things:
๐ข $1,280โ$1,300 โ can buyers defend support?
๐ด $1,450โ$1,500 โ key resistance
๐ฐ ETF flows โ do inflows return?
If outflows continue + support breaks โ ZEC could see more downside.
If buyers defend support + ETF flows turn positive again โ the pullback could become an opportunity.
๐ What do you think happens next?
๐ข BUY THE DIP
๐ด MORE DOWNSIDE
๐ Drop your ZEC target.
