​I’ve been bullish on $ZEC since people thought $400 was overvalued. But every parabolic run meets mean reversion eventually—and $ZEC is currently reaching the exact level of extreme deviation that triggered major pullbacks in past cycles. That doesn't mean we've topped out today, but the risk-to-reward ratio has completely shifted. Sooner or later, price has to pull back toward its true value zone to wash out the leverage. The funny thing? The same people who called $400 expensive are calling $1,200 a bargain. That’s classic late-stage retail FOMO entering an overextended trade.
$ZEC
#CPIWatch #CryptoSectorsFallSecondDay #US10YTreasuryYieldHitsHighestSinceOct2023