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$CORE Do not sell without breaking a new high
Last night, ZEC experienced a rapid decline, and the market directly entered an accelerated correction phase. From the market performance, a large amount of profit-taking accumulated from the previous continuous rise began to be released, combined with the short-term weakness in mainstream markets, causing leveraged funds sentiment to cool quickly, and prices continued to decline.
Yesterday, around 620, I kept emphasizing the need to watch out for risks here. The reason is simple: after the previous continuous rally, the price has entered a high-volatility zone, with short-term upward momentum beginning to weaken, and selling pressure above gradually increasing. The subsequent market did not disappoint, with prices falling back to around 561, and the overall rhythm was basically in line with expectations.
The most frightening thing in the market is not the decline itself, but blindly chasing after a big rise. True trading is never about chasing the candles, but about planning ahead during the craziest emotional moments.
Currently, it’s still important to focus on structural changes in the short term. If the rebound strength is limited and funds are insufficient to absorb the selling, the subsequent trend remains worth continuous attention. As for the next rhythm, I’ve already started monitoring the market #股票交易挑战最高赢17000U # Trump supports CFTC regulatory forecast market $BTC