Why does $ZEC have relatively small declines when the overall market environment is poor?

Because institutional whales keep buying at low levels, project teams are holding chips at the bottom, and many large holders and institutions holding ZEC are very concerned about privacy issues, and since ZEC is the leader in the privacy sector, they are optimistic about this coin and hope it can perform better.
So the overall trend, Brother Jiang still remains bullish, but Brother Jiang also mentioned before that there will be strong selling pressure around 400, so in the short term, you can short around 400. The fact is indeed so, as it quickly retraced from breaking above $402 back to around $390, because the market manipulators need to lure short positions in through retracement, then gradually take profits from the longs!
After Brother Jiang shared his idea earlier, smart traders should have both long and short positions.
After this dip, will it continue to range sideways? Or can it test the support levels below?