Recently, the performance of several cryptocurrencies in the market is worth paying attention to.



ZEC has been on a good rise these past two days, breaking above $500 and approaching the previous high of $728. From a technical perspective, resistance at the previous high is quite obvious, making it a good shorting opportunity. If a short position is entered and the price retraces to the $580 range, the risk-reward ratio is quite favorable. As a reference, our previous short at $728 was held until $388, earning over 20 times the profit. For friends who entered around $400 and got caught, there is now an opportunity to add to the short at the $728 level to lower the average entry price, and later consider closing the position around or below $580 to realize gains.

BTC's recent situation is quite interesting — it has experienced a false breakout near $89,000 for the 4th time. Last Friday, after the market opened, it retraced to around $87,000, and now it’s stuck in a sideways pattern. If an opportunity arises later, a pullback to $85,388 or $80,888 followed by a rebound would be a very good left-side entry point. For traders who previously went long at high levels, there’s no need to rush; wait until the price confirms support at $80,888 or breaks above $89,000 and stabilizes before considering chasing the rally or adding to positions.

ETH’s trend also requires attention — the last time I closed a position after reaching over $3,000 from around $2,900, and this week it has been fluctuating near $2,900. The most easily overlooked aspect in trading is extreme scenarios: the lowest point during the last sharp decline was around $2,620. This number is very critical; traders who like to hold through dips should be aware of this and understand what the worst-case scenario could be. When the market truly moves, having this knowledge in mind will prevent panic exits.
ZEC5,66%
BTC0,35%
ETH0,26%
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GateUser-beba108dvip
· 20h ago
728 That wave of over 20x really is amazing. Is there another opportunity now? --- BTC's fake breakouts have happened four times. I'm getting tired of it haha --- ETH 2620 is a key number to remember. Don't hold on until liquidation --- ZEC 580's risk-reward ratio is indeed attractive, but I'm worried about catching the top --- It's another story of "waiting for the left-side entry point." Easier said than done --- Friends holding positions, wake up. If 2620 really comes, can you hold on? --- Adding shorts at high levels to lower the average price. This move sounds a bit like throwing a tantrum --- BTC 89000 is a fake-out. Let's wait for confirmation signals before making a move --- ETH is hovering around 2900. Seems like there's no more noise --- This analysis is just advising us not to be too greedy. Listening can't hurt
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MEVHunterNoLossvip
· 20h ago
That wave of over 20 times at 728 is truly amazing. Now there's another chance, and it's really tempting.
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