$ZEC is dropping really smoothly and is currently at the top of the decliners list. My view remains the same: when BTC drops, not a single altcoin can stand alone. Even if some surged previously, they will still catch up with the drop later on.

As for ZEC, I'm neither a stubborn bull nor a stubborn bear—just playing it smart. ZEC is currently in a high-level distribution phase, with a range between 450–700. It's very suitable for trading contracts. You can go long in batches near 450, set your stop loss at the previous retracement low, and go short in batches near 700, with your stop loss at the historical high. Just keep trading back and forth like this.

However, many people don’t understand technical analysis and just follow their emotions. If you insist on shorting at support and longing at resistance, you’re basically giving money away to the market makers. If you’re not good at technicals, take the time to learn more. Don’t let random influencers mislead you, and try not to be so paranoid.