The trend of ZEC is generally in line with expectations. When the price approaches the key resistance level at 550, a 6% pullback follows. For traders who positioned themselves short in this area in advance, this indeed presents a good opportunity.



From a technical perspective, ZEC's resistance level structure is quite clear—two key points at 450 and 550. Once 450 is broken, the upward target naturally points to 550. Some aggressive traders went long after breaking 450, and while this contrarian approach requires strong psychological resilience, in cases where the technicals are clear, there are still opportunities.

The upcoming movement of ZEC is worth watching. There is a possibility of a second peak or a false breakout to 560 to lure buyers. If the price moves upward again, the 550-560 zone remains a critical entry point for short positions.

Looking at ETH's performance, breaking the 3000 integer level was expected long ago, and encountering resistance near the previous high around 3060 is normal. The short opportunity at this level has been seized, but it’s a one-time chance only. If ETH surges again, breaking 3000 could accelerate towards the higher resistance zone of 3170-3200. At that point, it will be the next real profit-making short opportunity, with a reasonable expectation of a move over 50 points.

Overall, although recent market volatility has been limited, these clearly defined technical nodes have been effectively captured. Regardless of the market cycle, as long as there are price fluctuations, trading opportunities exist. The key is to operate based on clear technical analysis and risk management, rather than blindly following the trend.
ZEC4,37%
ETH0,02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
HappyMinerUnclevip
· 6h ago
550 wave was indeed crushed, short sellers are definitely happy haha Wait, no, this time ETH hit 3060 and got stuck, feels like we still have to wait for later Really worried about being lured into a long position, need to hold these key levels
View OriginalReply0
GasFeeTherapistvip
· 11h ago
The 550 wave correction was really comfortable, and the bears are well fed.
View OriginalReply0
StablecoinSkepticvip
· 11h ago
This level at 550 was really well timed; the bears really took the profit.
View OriginalReply0
memecoin_therapyvip
· 11h ago
550 is indeed a tough position; the bears have taken some profit here. Wait, aggressive guys are going long at 450? How strong must their mental resilience be. What do you think about ETH breaking through 3000 this time? Will it really accelerate to 3200 or just fake out again? I'm a bit annoyed by ZEC's trap setups... How likely is a second top? But on the other hand, having clear support and resistance levels is always better than guessing blindly; the key is risk management.
View OriginalReply0
SignatureCollectorvip
· 11h ago
This 550 correction was indeed well-timed; the shorts' efforts were not in vain.
View OriginalReply0
HackerWhoCaresvip
· 11h ago
I really missed the 550 wave correction, which is a bit disappointing.
View OriginalReply0
GateUser-1a2ed0b9vip
· 11h ago
550 is really a tough player, getting stuck here time and again. This 6% correction is probably a normal rhythm, right?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt