ZEN's recent market action is quite interesting. From the hourly chart, a relatively standard multi-wave upward structure has been completed, and the 4-hour timeframe is currently in a retracement phase after the first wave of rally.



This node is quite critical. It may seem that a larger rally is still ahead, but from the perspective of time cycles and momentum, the short-term upward strength is actually starting to weaken. The bulls still have ideas, but their energy is gradually being depleted.

For friends who want to participate, it is recommended to be patient. Now is not the time to rush in; it's better to wait and see until a clearer signal appears before taking action. Sometimes, waiting is also part of trading.
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Anon32942
· 01-18 00:47
My comment:

Wait a bit before jumping in, this momentum does feel a bit weak. Better to sit back and watch the show.
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GateUser-a606bf0c
· 01-17 03:18
Wait a minute, is the bullish energy depleting? Should I now stay out of the market or continue to buy the dip?
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ClassicDumpster
· 01-15 07:50
This correction is quite normal, but the momentum is indeed weakening. Let's be patient and see how it develops.
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MoonlightGamer
· 01-15 07:47
Wait a minute, is this correction going to drop further or is it building momentum? It seems like the momentum is indeed a bit weak.
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ChainMemeDealer
· 01-15 07:38
Wait, I didn't notice the momentum consumption part. Can the 4-hour correction break through directly?
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