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Recently, the market has been quite interesting, with the linkage effect between ZKP and IR being quite obvious. ZKP spot has directly surged by 30%, and IR is also starting to move actively, basically waiting for the opportunity to jump in on the spot.
Honestly, there are still many opportunities in the new coin sector. In the current market, the costs for shorting are very high, making it hard to sustain. On the other hand, the logic for going long is much clearer — you can participate in the upward trend and also earn some profits along the way. This kind of two-way play is definitely more cost-effective.
IR’s technical outlook also looks good. The range between 0.088 and 0.096 is a key observation zone. If it can break through the upper resistance tonight, there might be a new high. The volatility of such new coins is usually fast, so catching the linkage rhythm offers quite a few opportunities.