In the past two days, ZEC has moved quite "steadily". The price has fluctuated between 440 and 460, neither rising nor falling, like a straight line. The Trading Volume is also sluggish, looking as if the market has suddenly fallen asleep.


But experienced individuals understand that this sideways movement is often a pressure-filled calm before the storm.
Looking at the market, the price is stuck around the level of 446, below which is what is called support, such as MA7, MA25, all have been left behind. This is like a person standing on thin ice, underneath there seems to be something, but in fact it is suspended. The worst part is that there are no significant buy orders visible below, just small orders from individual investors holding. What does this mean? It means that the "onion" holders are either stuck and not moving, or are still observing, completely unwilling to reach out and grab.
No one buys, the price will not be able to rise. So why do big players still have to put in the effort to hold the price steady, not to let it drop? This is their wisdom.
Going sideways is a psychological strategy. The purpose has two aims:
First, it exhausts the patience of the investors who bought in. Seeing no price increase every day, those who were optimistic before will gradually doubt themselves, and eventually may choose to cut small losses and contribute to providing chips for the manipulators.
Secondly, it creates a false sense of security. It makes some people feel: "It can't go any lower, this is the bottom," and then they can't resist and rush in to "buy the dip." When this group of people enters, the goods in the hands of the speculators will be transferred to them.
You should look at the so-called "good news", such as large whales accumulating, organizations discussing ETFs, in front of a sideways market, all of which become somewhat dull. Players can completely release good news to attract attention while quietly setting up sell orders in the market. When everyone relaxes their vigilance, thinking that everything is fine, a large bearish candle will directly break all support, and those "bottom-fishing armies" that just jumped in will immediately become fish in a net, buried among the slopes.
So, after understanding the "price arbitrage - harvesting" method of the greyhound, what should we do?
1. Do not participate in the sideways phase. Remember that sideways movement following a clear downtrend or after a strong increase often indicates a continuation of the bearish trend. Better to miss out than to make a mistake. Don't let your hands get itchy and bet on that "breakout".
2. Looking at the trading volume, one must also look at the price. Without a price increase accompanying sideways movement, it is just a scam. Below there is no volume, indicating there is no real support from buyers, this foundation is extremely weak.
3. Set a clear stop-loss level. If you're already in the position, set the stop-loss slightly below the bottom of this accumulation area. When the price drops sharply and breaks through, don't hesitate, don't dream, exit immediately. Protect your original capital, and you will have a chance for the next time.
4. Be patient and wait for the real opportunity. After speculative dogs drive the price down, there is often a panic sell-off, and that is when we calmly observe, seeking true undervalued opportunities. Let the bullet fly a little longer. $ZEC #加密市场观察
ZEC0,91%
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elmencovip
· 12-21 23:31
zk
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GateUser-28f7f8d4vip
· 12-21 18:43
Thanks for sharing this insight, it’s really helpful for beginners.
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