#ETH走势分析 $ZEC Yesterday's price action was quite intriguing.
After pulling back to the $300 daily support level and stabilizing, what's even more interesting is that while the broader market corrected collectively in the early hours, ZEC actually moved up independently, directly leading the sector.
The group of trapped positions above 700 has long been shaken out, so this round of rebound was clean and decisive. More notably, the market has started speculating on the expectation of a ZEC spot ETF application, and institutional funds seem to be repositioning.
With technical factors combined with news catalysts, this rally has its internal logic. If this momentum can be maintained intraday, there may be more to come. $MYX
Personally, I'm leaning bullish, and will continue to track ZEC.
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SerumSurfer
· 12-05 03:58
That 300 support level is indeed interesting, but it feels like the ETF expectations are just hyping up stories again.
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MysteryBoxAddict
· 12-05 03:56
If it can hold the 300 level, that would be significant. That independent upward move was really impressive.
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SlowLearnerWang
· 12-05 03:44
Once again, I only understood it after the fact. If I had known, I should've followed up yesterday... ZEC's independent rally this time is really something. With spot ETF speculation plus technical support, it feels like institutions are preparing for something.
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SnapshotLaborer
· 12-05 03:37
This move by ZEC is indeed quite interesting. The 300 support hasn’t been broken, which means the chips are still in hand.
#ETH走势分析 $ZEC Yesterday's price action was quite intriguing.
After pulling back to the $300 daily support level and stabilizing, what's even more interesting is that while the broader market corrected collectively in the early hours, ZEC actually moved up independently, directly leading the sector.
The group of trapped positions above 700 has long been shaken out, so this round of rebound was clean and decisive. More notably, the market has started speculating on the expectation of a ZEC spot ETF application, and institutional funds seem to be repositioning.
With technical factors combined with news catalysts, this rally has its internal logic. If this momentum can be maintained intraday, there may be more to come. $MYX
Personally, I'm leaning bullish, and will continue to track ZEC.