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Recently, the market has been sluggish, with most coins lying still, making it quite boring to watch. In such a liquidity-less market, it's easy to lose money and get stressed by making random moves. My experience is that instead of casting a wide net everywhere, it's better to concentrate on one or two strong coins, like ZEC, which is currently gaining a lot of attention.



ZEC has been quite eye-catching these days, with its price surging nearly 12% in a single day. This performance is remarkably impressive in the current market. Why is it so strong? There are reasons behind it. On one hand, institutions are pouring real money into it. It is reported that a company called Cypherpunk Technologies has made a large purchase of ZEC worth 18 million USD, aiming to acquire 5% of the total supply, which undoubtedly gives the market a strong boost. On the other hand, from a technical chart perspective, its short-term moving average has significantly outpaced the long-term moving average, and the MACD indicator also shows strong upward momentum. All signs indicate that this upward trend is not over yet.

That being said, the busier the place, the more cautious one should be. The volatility of ZEC has always been high, and if those big holders (commonly referred to as "whales") choose to take profits and sell at this position, the price will inevitably experience wild fluctuations in the short term.

In my opinion, ZEC is likely to fluctuate between $500 and $700 in the next month or two. Within this range, whether trading in waves or playing contracts, there are far more opportunities than those lifeless coins. Only after it has fully exchanged hands and accumulated enough energy within this range will it choose its final direction. Personally, I feel that after this wave of increase and fluctuation, the possibility of it moving downward is actually greater.

Therefore, in the current market environment, everyone should stop being distracted by those coins that are completely inactive. No liquidity means no wealth effect; what seems cheap is actually a pitfall. It’s better to focus your energy on strong coins like ZEC that have funding interest, volatility, and opportunities, as you might find some chances to make money even in a dull market. $ZEC
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