ZEC/USDT has recently shown obvious pressure on the 1-hour chart. Observing the Bollinger Bands pattern, the price is close to the lower band (LB: 455.68), with the latest close at 457.04, indicating that bears are in control. The MACD indicator's green columns below the zero axis are expanding, MA(7) and MA(30) are both arranged downward, and the EMA trend similarly points downward, with the overall technical structure revealing short-term weakness signals.
From the on-chain dimension, large fund activity is insufficient, trading volume performance is weak, and there are no obvious signs of capitulation buying. The news front is also quiet, with no obvious market sentiment boosters, and market participation remains relatively cautious.
Comprehensively judging from three dimensions of technology, on-chain, and news, ZEC continues to face downward pressure in the short term. Recent operational thinking can focus on the area around 450 as a technical support reference. It is recommended to maintain a cautious attitude before the downtrend improves. If rebounds prove weak or technical levels break, further bearish positioning can be considered. Regarding risk management, it is recommended to set reasonable stop losses, control single position risk, and avoid impulsive operations before a clear direction emerges.
ZEC/USDT has recently shown obvious pressure on the 1-hour chart. Observing the Bollinger Bands pattern, the price is close to the lower band (LB: 455.68), with the latest close at 457.04, indicating that bears are in control. The MACD indicator's green columns below the zero axis are expanding, MA(7) and MA(30) are both arranged downward, and the EMA trend similarly points downward, with the overall technical structure revealing short-term weakness signals.
From the on-chain dimension, large fund activity is insufficient, trading volume performance is weak, and there are no obvious signs of capitulation buying. The news front is also quiet, with no obvious market sentiment boosters, and market participation remains relatively cautious.
Comprehensively judging from three dimensions of technology, on-chain, and news, ZEC continues to face downward pressure in the short term. Recent operational thinking can focus on the area around 450 as a technical support reference. It is recommended to maintain a cautious attitude before the downtrend improves. If rebounds prove weak or technical levels break, further bearish positioning can be considered. Regarding risk management, it is recommended to set reasonable stop losses, control single position risk, and avoid impulsive operations before a clear direction emerges.