The public's expectation for $ZEC coin to rise to $1,000 is most likely wishful thinking and an illusion.
ZEC has already formed a triple M top reversal pattern and has broken below its long-term uptrend line. Bitcoin has already entered the mid-to-late stages of a bear market, and when the nest is overturned, no eggs remain unbroken. ZEC has been resilient, but after the price peak, there is always a time for a curtain call.
If ZEC rebounds to just below the uptrend line in the future, it is most likely a short entry point. For reference only.
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The public's expectation for $ZEC coin to rise to $1,000 is most likely wishful thinking and an illusion.
ZEC has already formed a triple M top reversal pattern and has broken below its long-term uptrend line. Bitcoin has already entered the mid-to-late stages of a bear market, and when the nest is overturned, no eggs remain unbroken. ZEC has been resilient, but after the price peak, there is always a time for a curtain call.
If ZEC rebounds to just below the uptrend line in the future, it is most likely a short entry point. For reference only.