Recently, the cryptocurrency market has clearly been on the rise, appearing to be in the third wave of the trend. But here’s a reminder— the sharper the increase, the greater the risk. Never blindly chase the high.

From an overall perspective, this rally is a rebound correction after an oversold condition. The assets that fell sharply over the past year are also experiencing the most vigorous rebounds.

The ZEC coin is currently stuck at a critical level, with the first resistance at 427 USDT, and a stronger resistance at 463 USDT. If the 463 USDT key level cannot be broken, it indicates that the bears still control the situation.

Binance’s performance today is also impressive, with a significant upward push, but it faces risks as well. PEPE has also formed a third-wave rebound pattern; whether it can effectively break through previous highs remains uncertain. These coins have shown good momentum, but it’s not recommended to chase in at this moment. Wait and see if they can truly break above key levels before making any moves.