Zcash fell 7.6% right after its NU7 upgrade went live. Classic "sell the news"?
Sunday snapshot (CryptoNakta):
• $ZEC -7.6% post-upgrade
• Harmony ($ONE ) +12% again on unclear volume
• Only nine big coins were actively trading, BTC's slowest day since August
My take: upgrade days often attract pre-positioned buyers who exit once the catalyst is live. Low weekend liquidity makes every move look bigger than it is.
Watch whether ZEC holds its Monday open or keeps sliding as volume returns.
Do you buy upgrade hype or fade it?
#Zcash #PrivacyCoins #CryptoNews
Not financial advice.
Sunday snapshot (CryptoNakta):
• $ZEC -7.6% post-upgrade
• Harmony ($ONE ) +12% again on unclear volume
• Only nine big coins were actively trading, BTC's slowest day since August
My take: upgrade days often attract pre-positioned buyers who exit once the catalyst is live. Low weekend liquidity makes every move look bigger than it is.
Watch whether ZEC holds its Monday open or keeps sliding as volume returns.
Do you buy upgrade hype or fade it?
#Zcash #PrivacyCoins #CryptoNews
Not financial advice.