ZEC's recent market movements have attracted a lot of attention. The surface shows a promising rebound, but a deeper look reveals underlying currents. Today, we'll dissect the true face of this wave of行情.



**Position Determines Nature**

From the big picture, although the current price is rebounding, it hasn't even returned to the middle point of the previous decline. This is a typical recovery rebound after an oversold condition, not a trend reversal. Just like a ball dropped from a tall building, it bounces a few times before finally landing. The conclusion is clear: the position is relatively low, so this wave can only be characterized as a rebound.

**The MACD Puzzle**

The MACD's white and yellow lines are forming a golden cross below the zero axis, which looks very comfortable. But insiders understand that there is a fundamental difference between "water-based golden cross" and "above-water golden cross"—the strength and credibility are worlds apart. Signals below the water are often just a breather for the bears, far from a rally signal. The risk of false signals here cannot be ignored.

**Key Position Tests**

Looking upward, the 450-477 zone is a previously dense trading area with a mountain of trapped orders. Without massive capital, it’s impossible to break through. Looking downward, 380 is a recent psychological support level; if broken, emotional volatility could spike sharply. Around 360, long-term trend lines and previous lows converge, forming a "double bottom" structure, serving as the last line of defense. If this level cannot hold, the downside space could be quite significant.

**Operational Insights**

With heavy and close resistance, and multiple support levels, the challenge is severe. Precise entry and exit points require real-time tracking and experience-based judgment; blind chasing is not recommended. The current focus is on whether we can effectively break through 450-477 and whether the key support below remains solid. The行情 moves quickly, so constant attention to these levels is essential.
ZEC-1,88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
ser_aped.ethvip
· 16h ago
An underwater golden cross is just a trap to lure buyers. I've seen this trick too many times; don't be fooled by the chart pattern.
View OriginalReply0
PumpStrategistvip
· 01-14 07:53
The undersea golden cross explanation indeed fooled quite a few people completely. If 360 doesn't break, there's still a chance. --- Typical trap for chasing gains. If 450-477 can't be broken, consider cutting losses. --- That's a valid point, but most people will still chase the high and get trapped at 380. --- The chip distribution shows that the overhead trapped positions are indeed heavy. Be very cautious when going long at this level. --- Interesting level, but I'm more concerned about whether the trading volume can effectively cooperate; otherwise, it’s a false breakout. --- Seeing so many still chasing, I feel relieved... the risk hasn't been fully released yet. --- If the double bottom support near 360 is broken, the downside space is indeed considerable, so keep an eye on it. --- A MACD golden cross just excites the herd mentality. How about doing some probability calculations for rebounds yourself? --- The pressure is right in front of us. The courage to go all-in is impressive. I suggest first reviewing historical trapped positions data. --- It's a good point that I shouldn't chase high, but I bet ten coins they will still chase.
View OriginalReply0
GateUser-44a00d6cvip
· 01-14 07:52
It's the same old story again, rebound rebound, why can't it just take off directly? Is the underwater golden cross really that unreliable? It feels like every time it's said to be a trap to lure more in. If 360 can't hold, ZEC will really crash hard. Let's wait and see if 450 can break through. For now, still observing.
View OriginalReply0
DefiOldTrickstervip
· 01-14 07:51
Haha, still trying to push from 450-477? I'm not that optimistic. I've been tired of the underwater golden cross setup for ten years; it's always a prelude to a trap. This guy's analysis is quite solid, but I'm more concerned about whether 360 can hold—if it can't, that's the real arbitrage opportunity. Rebound, rebound. As I always say, don't chase highs. I prefer to set short positions around 380.
View OriginalReply0
DefiPlaybookvip
· 01-14 07:51
Based on on-chain data, the strength of ZEC's recent rebound is actually less than 34%, far below the historical average of 52%. Essentially, this is still a correction from oversold conditions; don't be fooled by the K-line. The area between 450-477 has a very high concentration of trapped positions. I roughly analyzed exchange data, and the selling pressure is about 73% of the previous trading volume. To break through, real capital needs to be投入进去. It is worth noting that traditional indicators like MACD have a high failure rate in the second half of a bear market. The reliability of a bullish crossover below water is only about 40%, and trap setups are numerous and hard to avoid. If the 360 support level cannot hold, the retracement could reach 280-300. However, this coincides with the long-term historical support line. The specific strategy still depends on real-time changes in active on-chain addresses. It is not recommended to chase the high. The current approach should be waiting for a clear breakout signal and not be fooled by short-term rebounds.
View OriginalReply0
AirdropHuntressvip
· 01-14 07:40
Underwater golden cross is just a trap to lure more buyers; I've seen this trick too many times, don't chase the high. Looking at the data, the 360 line must be held, or the downside space is very large. The trapped orders between 450-477 are not huge enough to break through; those chasing now are just the bagholders. Let the rebound happen; don't add drama by claiming a trend reversal, the position is right there. After research and analysis, this wave of ZEC is just a short-term pause for the bears; don't be too optimistic, and it's recommended to pay attention to the risks.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)