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Don't remind me again today

Brothers, has it gotten liquidated? Today, when I opened the exchange, the whole screen was green, except for ZEC which was green in a scary way – but only the downward kind. The price directly plunged from the high moments of the past two months, diving into the abyss, with a big dump of nearly 17% in 24 hours. This fall makes people's hearts tremble.



Do you remember how glorious ZEC was two months ago? At that time, who didn't mention "the leader of privacy coins"? Institutions were lining up to enter, Grayscale applied for an ETF, and Reliance Global Group even changed its investment portfolio to ZEC, making it seem very real. So what happened? As the market cooled down, it was the first to take a hit, falling harder than anyone else.

You said it was supposed to fall? That's right, the technicals have been weak for a long time. The MACD has a death cross pointing down, all moving averages are pressing down, and although there is still some trading volume, that's just the escape orders running away. Whatever privacy narrative or institutional layout, it’s all useless in the face of a bear market. Arthur Hayes said it’s one of the "four enduring chains"? Vitalik Buterin also praised its privacy value? Looking at it now, it has all become a joke.

Today the market overall doesn't look good, mainstream coins are all slumping, but ZEC's characteristic of "falling without rising" still makes people want to complain. It soared arrogantly for the last two months, and now it has fallen miserably. Those who once touted it as "the next Bitcoin" probably don't even dare to log into their accounts now.

At the end of the day, the crypto circle is still that crypto circle. When the wind comes, even pigs can fly, but when the wind stops, the first to fall is also the pig. This wave of ZEC is not an accident, but a necessity. There are many who despise it, but perhaps what should really be despised are those who blindly chase the highs without looking at the fundamentals.

The market never believes in tears, this lesson about ZEC is painful enough and real enough. $ZEC #十二月降息预测
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