A fren privately messaged me asking if it's a good time to buy the dip on ZEC, and I have to say this once again.

I mentioned last month that the trading strategy of this coin is really clever. Clearly, there was a large amount of chips sold at the 650-700 position, yet the price is still able to hold above 650, which is quite abnormal. Friends who are still stuck should really be careful. Once the market enters a panic selling mode, wanting to rebuild trust? That depends on whether the operators are willing to continue playing.

It is advisable to look at those bloggers who previously called for 1000 and 1500, and ask them if they still stand by that now? Using money to send messages and create FOMO emotions to let retail investors take the bait, this kind of trick is seen often.

It has now fallen back to 327, and it will easily break through the integer level of 300. If it can't hold, the next support level is around 235, and it will have to continue to probe lower. No matter how strong a coin is, it won't become the next BTC. Back then, DOGE was so amazing, but in the end, didn't it return to its starting point?

Whether you are doing spot or contract trading, you wouldn't be hoarding coins to chase those that have already surged several times, right? ZEC is not a mainstream coin; the project team has been holding on for so many years, and now they finally have a chance to offload their coins. Now we just wait for retail investors to take over.

If you really want to dollar-cost average, you can slowly lay out your position then, but the premise is to clarify the value of this coin itself; you need to have faith to hold it. I have been bearish on ZEC for more than half a month; the records are there, you can check them yourself.