#美SEC促进加密资产创新监管框架 ZEC's recent market action, to be honest, is a bit scary.

The data from the past hour is pretty dramatic—the short liquidation volume is 61 times that of the longs. What does this mean? A huge number of short sellers got liquidated, and the price is climbing right over them. AI monitoring also shows funds are continuing to flow in, but here's the issue: the RSI indicator has already shot up to 74.7, which is a very obvious overbought signal.

The easiest mistake to make right now is to chase the highs. At $404, don’t act impulsively.

Here’s my thinking: wait for a pullback. If it can fall back to the $395–$400 range, that’s the newly broken-through support zone, and you can consider entering in batches. The ideal scenario is a drop to $385–$390, which would basically be a golden dip with a really good risk-reward ratio.

But there’s one thing you must remember: $375 is the lifeline. If it breaks below there, the whole logic changes—get out, don’t try your luck.

Looking upward, first watch if it can break the previous high of $422. If it holds above that, the next target is $455.

To summarize the key price levels:
- $395–$400: first support zone, consider testing positions
- $385–$390: deep pullback golden area, pay close attention
- Below $375: stop loss and exit, don’t hesitate
- Break above $410: after confirmation, target $425–$455

This stage is like the tail end of a rally—it looks juicy, but the risks are high. Waiting patiently for the right entry point is much wiser than blindly chasing the pumps. The market will always be there, but you only have one set of capital.