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$ZEC Strong pull to $379?
Don’t be fooled by the rebound red candle of $379.56 in front of your eyes! Look at this 7-day K-line chart, this is nothing more than $ZEC ’s “dead cat bounce” after a vertical drop from the $640 cliff and smashing through the $264 bottom.
The past 7 days still saw a brutal decline of -29.91%, this dark horse that claims “absolute privacy and security,” has long been corrupted by the black swan poison with hidden vulnerabilities for 4 years!
K-line reveals the bottom card—main players are accelerating selling on the rebound:
Before the crash on June 4th, they accumulated epic dead positions in the $540 - $560 range.
The current strong rally is not a “faith revival,” but the main players creating a false buying frenzy in a liquidity-starved market so they can sell their remaining holdings at a good price!
$380 - $392 is an extremely dense chip squeezing zone.
Without new institutional funds entering (even big shots like Arthur Hayes have fully sold out, who’s going to take over?), relying solely on retail’s fantasy of getting rich quickly, it’s impossible to break through this ceiling.
The momentum of the rebound is rapidly depleting.
Once the overall BTC price tests again near $60k, $ZEC ’s bloated rebound will instantly reveal its true nature.
What awaits next is a more desperate second bottom, with $380 becoming an unreachable echo this year, and the next stop tearing off the disguise, heading straight for $320 or even plunging through the $264 abyss! #走势分析