ZEC performed relatively strongly today, with an intraday increase of 5.5%. On the technical side, a triple divergence pattern has appeared, but selling pressure is not significant, which usually indicates that strong funds are quietly accumulating.

This morning, for friends who suggested a light position around 508 to go long, the current price has already doubled the profit—this is the opportunity in the spot market. Although the market appears to be under pressure, the bottom support remains relatively strong.

More importantly, on-chain data supports this round of rally. Recently, on-chain funds have been continuously flowing in positively, which is an important basis for short-term bullishness. If the support level is revisited and confirmed, there will be further opportunities to add to positions.

In a bear market, this is one of the few holding spot orders. Although the overall spot market is lukewarm, at this technical + on-chain fund validation point, patience might lead to better returns. Futures are also being positioned; let's continue to observe the subsequent development of this rally.