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#美联储恢复降息节奏 This wave of retracement to the 480U line is quite stable and hasn't broken. After the W bottom pattern emerged, it began to rebound, and the pump momentum is quite evident.
Recently, ZEC has been a dark horse in the industry, with a fierce rise. Many short sellers are trapped tightly, and in this situation, the resistance to further downtrend is quite large. The current fluctuations are just accumulating energy. The flag pattern on the daily chart is also very clear, and after the consolidation, it is highly probable that it will surge upwards again.
If you want to layout a mid-term strategy, the timing has come. You can gradually build a long position in the range of 500 to 520, following the strong market trend, and you should be able to capture the wave profits.
Wait, did the Fed really resume cutting rates? This makes ZEC's rebound even more convincing.
Once the W bottom is formed, it will go straight up, quite satisfying, but we still have to see if it can break 500.
Using the term "dark horse" feels a bit early, let's talk about it again when it returns to 550.
The idea of building a position in batches is good, just afraid that after entering, it will still fall.