ZEC's recent market movement has indeed been quite dramatic. Not long ago, it almost couldn't hold the 360 support level, then it oscillated repeatedly between 360 and 380. Recently, it suddenly gained momentum, reaching a high of around 449. Sounds good, right? But a closer look at the market reveals that this surge was actually driven by the privacy coins DASH and ZEN.



As the leader in the privacy sector, ZEC should theoretically be the most resistant to declines. However, the reality is that negative news has been coming one after another, and funds are quietly flowing out. Do you remember how optimistic everyone was about this coin not long ago? The enthusiasm has long faded. From both fundamental and capital perspectives, ZEC's trend is actually quite weak.

The rise to 449 is more of a trap than a genuine rebound. Retail investors see the increase and want to buy in, just in time to be the ones holding the bag. In the short term, it’s not advisable to blindly chase gains; instead, be cautious of the risks at high levels. When a clear upward movement occurs later, it might be a good opportunity to consider shorting. The market is so cruel—opportunities often hide on the other side of risks.
ZEC-1,48%
DASH2,03%
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
  • 8
  • Repost
  • Share
Comment
0/400
NullWhisperervip
· 01-18 12:22
ngl, zec getting dragged along by dash and zen is actually a pretty telling vulnerability... technically speaking, that's not how a supposed privacy leader should move. the whole "follow the money" angle here is interesting—fundflow data suggests someone knows something.
Reply0
BearMarketMonkvip
· 01-18 05:24
449 That wave is obviously a trap to lure in buyers, retail investors are just the bag holders. --- Bro, ZEC, the big brother, is starting to underperform now. --- Funds are flowing out, and you still dare to buy? I'm done playing. --- Waiting to short, the risk at these high levels is too great. --- Negative news one after another, the hype is gone, how can it rise? --- Being led by DASH and ZEN, I have no confidence myself. --- The trap of luring in buyers is really ruthless; you need to learn how to avoid it. --- Don't touch it in the short term; at high levels, you should operate in the opposite direction. --- During the 360 to 380 fluctuation, it was time to run; chasing now is too late. --- The privacy coin big brother has lost its spirit, and now it's awkward.
View OriginalReply0
GasFeeAssassinvip
· 01-16 03:56
449 obviously is a suicide mission for the bagholders --- Big brother being taken away by two younger brothers, how embarrassing --- You didn't notice the capital outflow? The hype has long cooled down --- Playing tricks to lure in traders so skillfully, retail investors really need to wake up --- That's why I never chase highs, it's too dangerous --- How did ZEC fall to this point, sigh --- 449 is indeed an excellent shorting opportunity --- Being carried by DASH and ZEN? What about ZEC brother's face --- Privacy coin leader falling behind trend followers, ironic --- Shorting is the correct move in this wave
View OriginalReply0
BearMarketBrovip
· 01-16 03:56
449 The bagholders are all dead now, brother, your analysis really hits the mark --- It's another trap to lure in buyers, ZEC, this old coin king, has fallen behind --- Funds are still daring to push through 449, truly digging a hole for retail investors --- Wait for the rebound to continue shorting, that's the right way, don't follow the herd --- The privacy coin sector is like this, ZEC has become a runner-up feeling --- That wave of 449 was really a trap, those still holding are going to suffer --- The hype has faded, fundamentals are poor again, no short-term hope --- This rise was basically just a harvest, I won't say it outright but I see through it --- Compared to DASH and ZEN, ZEC has really fallen behind --- Chasing longs is equivalent to taking the bag, waiting for a high-level opportunity to act is smarter
View OriginalReply0
ImpermanentPhobiavip
· 01-16 03:55
This rally of 449 is indeed impressive, but brother, you can see it's just a trap to lure more buyers, retail investors are about to get burned again. ZEC is like this, even the big brother can't save it, funds have already moved to DASH. Wait for a pullback before considering, chasing now is just giving away free money.
View OriginalReply0
BlockchainNewbievip
· 01-16 03:54
Hey, bro, this analysis is spot on. 449 is a huge trap; I almost got caught in it. ZEC, this big brother, is also no good anymore. Following the two younger brothers, it's a bit embarrassing. Retail investors are still rushing in; we need to do the opposite. Waiting for the opportunity to short.
View OriginalReply0
GigaBrainAnonvip
· 01-16 03:34
zec this old guy really underperformed, being eaten up by dash and zen and still not aware Wait, 449 is really a trap? I almost got in Funds have already flowed out and you're still bragging, once the hype is gone, it's gone Better not touch it in the short term, the risk at high levels is really unbearable This rebound feels like a trap, just wait and see how it develops The overall privacy coin sector hasn't been doing well lately So many people were optimistic about zec before, now why is no one speaking up? Really, the market's cruelty is like that, it turns around instantly I think 449 might really be the top It's a bit sad to see the big brother fall to this level Market data shows retail investors are taking the bait, that's a signal, everyone Better to earn less than get caught at high levels, it's a simple principle Shorting opportunities might really be coming, just wait and see
View OriginalReply0
OneBlockAtATimevip
· 01-16 03:27
Pump trap routine, 449 is just the end station for bagholders --- How did ZEC, the big brother, become a follower? Laughing to death --- Funds are quietly flowing out, I knew why the hype was dropping so fast --- The repeated oscillation range is so narrow, it was obvious early on --- 449 surging then falling back is just a matter of time, everyone chasing is trapped --- Missed the bottom when it was promising, then want to chase after it rises, a typical retail trader rhythm --- In the privacy coin sector, DASH and ZEN are carrying the wave, ZEC falling behind is too obvious --- High position risk is too great, I dare not take this position now --- Wait for a rally to consider shorting, this logic makes sense --- Still want to turn around despite negative news, the fundamentals are speaking
View OriginalReply0
  • Pin