#美联储回购协议计划 $ZEC The recent performance is indeed quite interesting. It accumulated sideways at a low level for a while, then suddenly surged with high volume, directly absorbing the trapped orders above. It is now in a position after the rapid rise, beginning to enter a high-level consolidation phase.

From a technical perspective, there are no signs of a sell-off after the surge; instead, it is oscillating back and forth at a high level. This indicates that selling pressure is gradually being absorbed, and the main funds are still in the market. The short-term momentum is starting to weaken, which is a normal sign of a healthy correction, so there's no need to panic.

The key point to watch next is whether the previous support can hold— as long as it does not break below the previous initiation zone, the high-level oscillation can be understood as a consolidation behavior, and there is still a chance to reach new highs later. If it effectively breaks below the critical support, then we should be alert to the potential downside risk caused by a retreat in market sentiment.

In simple terms: now is not the time to chase highs, but that doesn't mean the market is over. The core focus remains on whether the support can hold. Only when volume increases again and it recovers to the previous high can we confirm the continuation of a strong trend.