After pulling back to the daily support level at 300, it stabilized. When the market as a whole dipped in the early morning, ZEC actually went on an independent upward movement. The long positions above 700 have basically been cleared out, so there is much less resistance to this round of rally.
More importantly, expectations for a ZEC spot ETF application have started to ferment in the market. Institutional funds reacted quickly after sensing the signal, and the inflow speed has obviously accelerated.
The technicals are resonating with the news, so ZEC is worth paying close attention to in the short term. If the strong momentum continues today, there may be further room for gains.
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DecentralizeMe
· 9h ago
ZEC is really showing something this time. The institutions’ instincts are spot on—once the ETF expectation emerged, funds flowed back immediately... I'm optimistic about what’s next.
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OnchainArchaeologist
· 12-05 03:19
This move by ZEC is definitely interesting. While ETH is sleeping, it's getting things done. The institutions' instincts are really sharp...
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LiquidityLarry
· 12-05 03:16
ZEC is really showing something this time; institutions are definitely making quiet moves.
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GasBankrupter
· 12-05 03:11
This ZEC move is indeed quite interesting. Institutions really do have a sharp sense...
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AlwaysQuestioning
· 12-05 03:04
This independent surge of ZEC is really fierce. The signs of institutional entry are too strong. With just a bit of ETF speculation, it turns out like this—truly remarkable.
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SybilSlayer
· 12-05 02:54
Wow, this independent move by ZEC is truly incredible. Institutions really do have a sharp sense.
#美SEC促进加密资产创新监管框架 $ZEC Yesterday, ETH performed mediocrely, but ZEC delivered a surprise.
After pulling back to the daily support level at 300, it stabilized. When the market as a whole dipped in the early morning, ZEC actually went on an independent upward movement. The long positions above 700 have basically been cleared out, so there is much less resistance to this round of rally.
More importantly, expectations for a ZEC spot ETF application have started to ferment in the market. Institutional funds reacted quickly after sensing the signal, and the inflow speed has obviously accelerated.
The technicals are resonating with the news, so ZEC is worth paying close attention to in the short term. If the strong momentum continues today, there may be further room for gains.