ZEC has been quite volatile recently, oscillating back and forth between $420 and $440. Every time it rebounds to the resistance levels of $470 to $500, it gets pushed down again. Large funds are indeed bottom-fishing, and some still believe in the privacy coin story, but the upward momentum is clearly diminishing. It's still unclear whether this is a genuine reversal or just a technical rebound correction. As long as the $420-$440 support holds, it remains mostly a corrective fluctuation within a range. Whether it can effectively break through the $475 level will determine whether the rebound can continue to expand or if it will just keep oscillating within the range.

ZEC6.58%
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potentially_notablevip
· 3h ago
If you can't get past this hurdle of 475, don't even think about it. It seems that large funds are also on the sidelines.
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FlashLoanPhantomvip
· 3h ago
The key is whether 420-440 can hold or not; if broken, be careful.
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MidnightGenesisvip
· 3h ago
At the 420-440 level, on-chain data indeed shows large amounts of sell pressure. From contract changes, it's not surprising; someone is still suppressing the rebound potential. Breaking through 475 is the real signal. It's still too early to say a reversal. Based on past experience, privacy coins tend to behave this way. No matter how good the story is, they can't withstand the fundamentals. Monitoring shows that large funds are accumulating but have no intention of following through. What does this indicate? You can interpret it yourself... The judgment of a corrective volatility is still too conservative. Late-night market review: the 475 threshold is really critical. Only when it's broken can we say there's something interesting—namely, that it can truly stabilize.
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BlockImpostervip
· 3h ago
If you can't hold the 420-440 range, the rebound of privacy coins will be pointless.
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SorryRugPulledvip
· 3h ago
The repeated tug-of-war between 420 and 440, honestly, no one dares to take the plunge. --- Is it big money trying to bottom out? I think it looks more like testing the bottom line. --- The privacy coin story can no longer be pushed forward; this rebound lacks momentum. --- If 475 can't break through, it will keep oscillating in the range. So boring. --- Holding onto 420 is considered a success. By the way, this standard is way too low. --- The rebound correction is still a genuine reversal; just look at the move at 475, it's not complicated. --- To be honest, entering now is a bit of a gamble; better to wait a bit longer. --- With resistance levels repeatedly pushed down, when will this end? --- People still trusting privacy coins, this time they might really have to cut losses. --- The 475 USD threshold feels precarious; if it can't break through, it will just continue to fluctuate.
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metaverse_hermitvip
· 3h ago
Holding 420-440 is crucial; otherwise, it gets awkward. It seems even big players aren't very confident.
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