Market: 16 up and 46 down, voting on 2.4 million ZEC drove a 10% move

$ZEC is at 1247, up 10.7% in 24h, with a volume ratio of 1.51x—the minority on a defensive day (16 up, 46 down).

My view: Short-term bullish; buy dips, don’t chase highs.

First, a vote on nearly 2.4 million ZEC passed proposals to accelerate block production and maintain Bitcoin-style halvings. A high-volume candle shot straight to 1275 at 21:45—the news came early, but the money arrived late, and the expectation gap is playing out.

Second, the funding rate is -0.0163%, meaning shorts are paying to stay in, while the account long/short ratio is 0.4015 (70% bearish), and OI is up 7.54% from the 13th.

Third, the trend remains intact: MA7 has been above MA30 for 28 days, ADX is 60.3, and the 30-day gain is 142.65%.

Resistance above: 1256.8 (first level) → 1275.0 (24h high; only look for new highs after a high-volume breakout)

Support below: 1171.19 (first support) → 1113.66 (a breakdown turns defensive)

Pivot: 1256.8; reclaim it to test 1275, break down to target 1171.

The odds favor grinding below 1256.8 first. Counterpoint: BTC at 75671 is below its moving averages, and strong countertrend coins can see sharp pullbacks.

I’ll place bids to buy dips around 1171 and admit defeat below 1113; those holding can take profit at 1275.

I’m keeping an eye on ZEC’s wicks—follow along so you don’t miss them.

‍$ZEC
#美联储即将公布利率决定