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Bearish

$ZEC A bloodbath overnight at 1210! A whale “defects” and dumps, while retail investors are still looking for macro factors to blame?



Stop blaming the broader market. The root cause of ZEC’s sharp plunge to 1210 is betrayal by its “own people.” The community governance drama has escalated, with a whale announcing a complete sell-off over the ZCG grant dispute. Large, low-priced sell orders on-chain instantly broke key support. Leveraged longs were liquidated in a cascade, and ETF outflows totaled nearly $100 million in a single week, completing the chain reaction. Macro factors were just an amplifier: ZEC’s high-beta nature means it falls faster than almost anything else when risk assets broadly decline.

The current price is 1277. Do you think this is a reversal, or will it pump before continuing to dump? @老张说趋势 Ongoing coverage.

#美国中期选举进入最后冲刺 #苹果Q3财报聚焦
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ZECZEC+1.29%


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QuietValidator
an hour ago
1277 wants to buy the dip but is afraid of buying halfway down the mountain
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PositionBalancer
an hour ago
With this drop, leveraged traders won’t sleep tonight
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DiamondHandshake
an hour ago
Let's wait until the governance dispute is settled before taking another look; just slacking off for now.
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CapitalDefender
an hour ago
Key support has been breached, and the technical picture has already turned bearish
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ChartPhilosopher
an hour ago
A whale dumped at low prices. How are the brave buyers doing?
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AggRefugee
an hour ago
Current price is 1277; I’ll consider it again if it drops below 1100
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FundingSniper
an hour ago
Classic pump-and-dump tactic—don't get lured in
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GasSaverMaster
an hour ago
Is ZEC's privacy narrative completely dead
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RoyaltyHedgehog
an hour ago
Do you have data on cascading liquidations? I’d like to see the liquidation heatmap
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EggshellSniper
an hour ago
Old Zhang's analysis was spot-on this time; the root cause really is an insider
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