ZEC is trading at 547, staying just below the 4-hour Bollinger middle band at 553. The short-term moving averages are tightly clustered around 543-545; the market currently has a balance between bulls and bears, and there is no sign yet of breaking into a one-sided trend.


In the medium term, the 120-day moving average remains at 486, the bottom is rising, and the overall market structure stays moderately bullish.
The KDJ indicator still has an advantage in the near term for the long side, but the J value is too high, and oversold/overbought conditions are showing—chasing higher increases risk, and market fluctuations will intensify.
Treat the short term as a range: watch and consider buying on dips supported by the moving averages. Don’t chase gains under resistance from the middle band; be patient and wait for a more suitable entry window, and strictly control position sizing.
$BTC $ETH $ZEC
BTC-0.43%
ETH0.04%
ZEC-4.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned