The emotional surge in ZEC this round has basically been digested; after continuously pushing to higher levels, the market’s momentum-chasing sentiment has clearly started to cool down, and the strength of buy support at high levels is also weakening. At this point, if you blindly chase longs again, then with just a slight pullback, you can easily end up standing on the top of the mountain.

The market never only goes up without going down. Especially for assets that have seen a rapid rise in the short term, they are often accompanied by a round of corrective pullback after a release of emotion. Rather than trying to gamble for the last bit of profit at high levels, it’s better to wait for the pullback space and follow the trend; the risk-to-reward ratio will be more reasonable.

Right now, focus on the pressure zone around 550. You can enter shorts in batches based on this level, and initially look for support around 500. Once 500 is effectively broken, the downside room is also expected to open up further. By then, after panic sentiment is released, the strength of the pullback may exceed expectations. When executing, remember: do not fight the trend by force.
$ZEC ‌#Gate广场五月交易分享 #稳定币储备下降