#美联储重启降息步伐 $ZEC This is quite a critical level right now. Can the 300 mark hold?
To be honest, the privacy sector could use some hype lately. Looking at the market, if the 300 support holds during this correction, buying the dip shouldn't be a big problem. The previous rally actually helped smooth out the chip structure quite a bit, and the shakeout was pretty thorough.
On-chain data looks decent, with funds continuously flowing in. At this pace, the probability of a second rally is quite high, and it might even test new highs. Of course, the market can change quickly, but at the moment, the risk-reward ratio at this level is still acceptable.
If you haven't allocated yet, you might want to keep an eye on it. If you already have a position, just be patient and hold.
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#美联储重启降息步伐 $ZEC This is quite a critical level right now. Can the 300 mark hold?
To be honest, the privacy sector could use some hype lately. Looking at the market, if the 300 support holds during this correction, buying the dip shouldn't be a big problem. The previous rally actually helped smooth out the chip structure quite a bit, and the shakeout was pretty thorough.
On-chain data looks decent, with funds continuously flowing in. At this pace, the probability of a second rally is quite high, and it might even test new highs. Of course, the market can change quickly, but at the moment, the risk-reward ratio at this level is still acceptable.
If you haven't allocated yet, you might want to keep an eye on it. If you already have a position, just be patient and hold.