ZEC's recent market movement indeed warrants a review.

A surge of 22%, forcing shorts to add 20 million USD—what does this data reflect? It’s nothing more than the battle between bulls and bears at key price levels.

Looking at the market details, ZEC repeatedly tests around 520, with volume increasing but not dispersing. This is usually not a sign of main players distributing, but rather indicates institutions gradually building positions. This is the most common accumulation pattern in the market.

At that time, the trading strategy was actually simple: the 523-528 range was a clear bullish initiation point, with 510 set as a stop-loss. From an execution perspective, a surge to 555 within an hour forced short holders to hedge their positions, increasing their holdings. For traders already in long positions, the options at this point are to close or hold—both with corresponding risk management frameworks.

Now, there are two possible directions: continue pushing towards 600, or retrace to around 400?

From a technical standpoint, as long as there’s no clear breakout with massive volume or structural breakdown, the probability of dropping back to 400 is not high. Major institutions won’t exit so quickly. The likely next move is: oscillate at high levels for a while, then attempt another push at the 580-600 resistance zone. Or choose to retrace to 530-520 to give a second entry opportunity for participants. Whatever the scenario, it points to a bullish advantage.

Returning to the psychological level of market participants: losing traders usually share three traits—they can’t see the trend clearly, can’t withstand normal fluctuations, and are always entangled in regret over missed opportunities. Profitable traders, in contrast, only do one thing: when clear signals appear, they act decisively.

After experiencing enough market cycles, this level of market movement can actually be understood and grasped. The key is to have enough patience to wait for definitive signals, rather than being overwhelmed by short-term emotional fluctuations.

If you’re still wavering between 600 and 400 in ZEC, this market movement may not significantly help your actual gains. Opportunities in the market are always reserved for those who can make clear decisions.