There are quite a few people following ZEC, especially as the price fluctuates around $350. The trading volume seems active, but the price just can’t break through. This market looks lively on the surface, but there’s more going on underneath—a classic case of “high volume without price increase,” which usually means the main players are controlling the market.

Looking at the data, ZEC has seen a slight uptick in the past 24 hours, and there’s a short-term golden cross on the MACD, hinting at a possible rebound. However, there’s heavy resistance above. The 7-day moving average is still at 343, the 25-day average is pressing down at 355, and the 99-day average is way up at 438. Every time the price tries to rise, it quickly gets pushed back down, as if an invisible hand is keeping it from breaking out.

This gives a clear impression: the big players don’t want it to rise, at least not right now. They prefer to keep it oscillating within this range, selling whenever it bumps up and buying back when it drops—using swing trading strategies to take advantage of retail traders who chase the highs and panic at the lows. The so-called “positive news,” such as SEC privacy coin discussions or Grayscale’s trust converting to an ETF, are more like smoke screens in the short term and unlikely to drive substantial gains.

Don’t forget, ZEC once went above $700, but that’s history now. The current market structure, capital willingness, and intentions of the main players don’t support a return to those highs. Hoping for a continuous breakout will only get you trapped at higher prices.

So, the best strategy for ZEC is: use rebounds as selling opportunities, and if it drops significantly, you can take small positions to bet on a bounce, but never hold long term. Always watch out for risk. Even though the trading volume is high, it’s mostly just the main players trading among themselves—it’s not a real sign of a price rally.

In this market, understanding the main players’ intentions is more important than chasing news. Right now, ZEC is just a swing trading coin—don’t get attached, and definitely don’t get greedy. Take your profits and leave, and if it drops, wait and see. That’s how you survive in this kind of choppy market.
$ZEC ‌#十二月行情展望