Keep a close eye on ZEC's recent trend. Bitcoin has been performing disappointingly lately, and the entire market is following suit.
From the on-chain data of coinwings, the situation is a bit interesting: the big players have basically completed their chip distribution, and there are not many retail investors left on the bus. What remains are some long-term players who are stubbornly holding on.
The key point is here—$400 will be a watershed. The direction of the main force's operations at this point basically determines the upcoming trend. Whether preparing to go long or short, this price range is worth paying special attention to.
It is recommended that everyone pay attention to the volume and price changes at this level, as there may be a clear signal coming out.
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Keep a close eye on ZEC's recent trend. Bitcoin has been performing disappointingly lately, and the entire market is following suit.
From the on-chain data of coinwings, the situation is a bit interesting: the big players have basically completed their chip distribution, and there are not many retail investors left on the bus. What remains are some long-term players who are stubbornly holding on.
The key point is here—$400 will be a watershed. The direction of the main force's operations at this point basically determines the upcoming trend. Whether preparing to go long or short, this price range is worth paying special attention to.
It is recommended that everyone pay attention to the volume and price changes at this level, as there may be a clear signal coming out.