ZKP's recent trend is quite interesting.

Looking at the 1-hour chart, I noticed a few details. The Bollinger Bands are narrowing, and the price is accumulating near the middle-upper band—this pattern usually indicates a potential clear directional move soon. The MACD has experienced a second golden cross above the zero line, with the green bars just beginning to appear, suggesting bullish momentum is brewing. The KDJ and RSI are both turning from low levels; interestingly, they are refusing deep retracements. What does this imply? It indicates that selling pressure is actually not heavy.

On-chain data further clarifies the situation. I’ve been monitoring the activity of large addresses recently, and for three consecutive days, there has been stable accumulation of funds. The key point is that open interest (OI) has not decreased; instead, it has been rising—during consolidation phases, increasing OI usually signals smart money is positioning. Coupled with recent cooperation and upgrade activities from the project team, from fundamental, capital, and technical perspectives, all indicators point in the same direction.

In the short term, ZKP has already formed a bullish framework on the 1-hour level. As long as it doesn’t break below the key support, a relatively obvious volume-driven bullish candle is likely to appear soon. Once the resistance level is effectively broken, the upward potential will be fully unlocked.

My trading strategy is to gradually build positions around the support area, set stop-losses properly, and maintain a cautious position size. The next step is to wait for the market’s reaction. It’s not advisable to chase high; if the timing is off, chasing can lead to a very passive situation.

Market opportunities are fleeting; thorough preparation is essential to seize them.