#美联储回购协议计划 ZEC's recent performance is quite interesting—almost a 10% intraday rally against the trend, with open interest increasing by over 20%, directly breaking through the $518 level. On the technical side, the RSI has soared to 84, a clear sign of severe overbought conditions.

But there are some details worth pondering: what are the big players positioning themselves for? What are retail investors chasing? Market sentiment seems a bit chaotic.

Honestly, this doesn't look like a healthy slow bull trend. It seems more like a tug-of-war between bulls and bears, with whales still holding short positions while retail investors chase the high. The original market consensus has already broken down. The logic behind the rally might not be that simple—sometimes a rapid increase is just a preparation for a subsequent correction. The unrealized gains on the screen look tempting, but they could evaporate in an instant.

For friends who have already made profits, taking profits in stages is a wise choice. After all, only realized gains count. Instead of betting on further increases, locking in some profits steadily and managing risks more effectively is the way to go.

ETH is also fluctuating, and the market remains volatile, so stay alert.