2026-01-07 04:23:48

Recently, ZEC's price movement has been quite interesting. The day before yesterday, the price surged to around 529, then quickly dropped back to around 491. This process clearly reflects a phenomenon: the intention to offload at high levels is quite obvious. From a technical perspective, the 500 mark has always been a key resistance level. This morning, ZEC gradually broke through this barrier and is currently continuing to rise.

Looking at this wave of market activity, many traders have positioned long positions below. Taking 600 USDT with 75x leverage as an example, the first target is set at 520, and the second target at 535. This setup is based on an assessment of the current pattern—after sufficient correction, a rebound might be worth expecting.

The recent interactions among main cryptocurrencies like ZEC, ETH, and SOL are also worth noting. When the market repeatedly tests key levels, it often reveals some clues. How to operate specifically still depends on your own risk tolerance.

ZEC-1,49%

ETH0,38%

SOL0,18%

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ArbitrageBot

· 01-08 00:49

This level at 500 has indeed been repeatedly tested, but still daring to chase the high despite such obvious selling pressure—really bold.

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NotAFinancialAdvice

· 01-07 19:03

The 500 threshold really can't be held back anymore. Can we break through this time? --- 75x leverage? Bro, you're really brave. I only dare to watch the show. --- ZEC's repeated testing feels like the main force hasn't decided yet. --- Again with "based on your risk tolerance," sounds nice, but in the end, it's just all in. --- The targets at 520 and 535 sound good, but I'm afraid of a big dive right after. --- ETH and SOL are also moving; are they trying to rally across the board? --- The obvious intention to unload at high levels, so what's the point of me buying? --- Wait, isn't this just saying someone is dumping the market? --- The surge and fall around 529 was really hard to watch.

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HodlKumamon

· 01-07 04:53

This threshold at 500 has been tested again. Data shows that historically, the success rate of breakthroughs in this pattern is about 68%, but Bear Bear still recommends a light position... The intention to distribute is so obvious that the rebound potential should be discounted accordingly.

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fomo_fighter