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💥$ZEC A 50% crash in one day! Gouzhuang played so dirty by smashing the market with negative news this time!
Guys, who would have thought that the privacy coin ZEC would be halved in value in one day, with a 50% market cap disappearance.
Basically, after the vulnerability was exposed, market trust in privacy chains collapsed directly, and the sell-off was frantic, but fortunately the project team quickly patched the vulnerability before the collapse, and the price rebounded rapidly from the lowest point of 250, now stabilizing around 370 with fluctuations. Looking at the market, the bulls seem to have a strong rebound momentum, but upon closer inspection, it’s just a little pull-up with some selling off, pulling up and dumping at the same time, chasing high easily gets you trapped.
Nannie’s personal trading approach is very clear: don’t chase highs, buy on dips, the panic-driven pits are worth filling, and the recovery phase is worth the effort.