July 17 $ZEC midday analysis

Under short-term pressure, the price is moving down. Current quote: 537.57. The decline in the single period is 5.18%. The intraday trading range is 523.24–572.91. Market trading volume: 7.32 hundred million. Net capital outflow: 7.5486 million. The signal of short-term funds leaving is clear. After pushing up to 570.33, the intraday high, the price consolidated and then fell back. After dipping to the 523.24 low, it showed a small technical rebound, but the rebound volume was insufficient. The overall downtrend structure has not fundamentally changed. MACD formed a small bullish crossover at low levels; the bearish green histogram narrowed and turned into a bullish red histogram, which only indicates a slight recovery of short-term rebound momentum. DIF and DEA are still operating below the zero line. The foundation of the long-term bullish momentum remains weak. This rebound is merely a technical correction during the selloff process, not a trend reversal signal. OneFan personal suggestion: around 549–588, with targets around 525–505 #BTC #ETH #BTC走势分析