If you still hold ZEC or are staring at the screen hoping to "buy the dip," I suggest you calm down and take a good look at this candlestick chart.



Don't be brainwashed by those flashy words like "privacy coin leader" or "technological potential." We don't look at advertisements; we look at effectiveness. The current market looks very ugly, and it's the kind of ugly that makes people despair.

ZEC's rebound heights are getting lower each time. What's the concept behind this? It indicates that no one in the market is willing to buy at high levels. Every slight increase is immediately crushed by huge selling pressure. This isn't a shakeout; it's the bulls fighting and retreating, even surrendering.

The technical picture is now entirely dominated by the bears. Moving averages are pressing down hard, and MACD is lying below the zero line and can't get up. This kind of trend basically announces a fact: every rebound is the main force or smart money unloading, not a reversal.

I know many people will cite "fundamentals," like big V holdings or increasing shield pool data.

That's true; Zcash's privacy technology is indeed strong, and shield pool data is rising. But in the crypto world, what matters is expectations and the future. When a coin is only left with phrases like "good technology" and "growing applications," but the price is falling like a waterfall, you should understand—these so-called positive factors have long been digested and can't even support the current price.

Price doesn't lie.

Look at this trend: the overhead is too heavy with trapped positions, and no one wants to free those "mountain top frozen." If this trend continues, ZEC's price will only have one destination: breaking through everyone's psychological defenses and ultimately returning to where it should be—below $100.

Don't talk to me about faith. In this market, survival is the most important. If you're still hoping ZEC can return to its peak, you really need to wake up.

For holders, this is hard to accept, but that's the cruel reality of the market. If you still have positions, while people are still hyping the "privacy" concept and there's still a rebound, just get out.

Don't wait until it drops into double digits and regret not taking this advice today. $ZEC #何时是最佳入场时机
ZEC-3,22%
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