Xiamux

To be honest, $ZEC this surge and retreat is nerve-racking to watch. A few days ago, it climbed all the way to nearly 1600, and quite a few people chased in expecting it to keep rising, only for it to slowly start getting hammered down.

Looking at the 1-hour chart, the indicators have now fallen to low levels, with KDJ nearing the bottom and RSI also showing weakness. But remember: oversold indicators ≠ an immediate rebound! Many newcomers rush to buy the dip as soon as they see the indicators hit rock bottom, making it easy to catch a falling knife.

There is also a key point on the news fr