#ETH走势分析 ZEC Early Morning Technical Market Review

$ZEC is currently leaning bullish in the short term, but with a strong neutral tone. The 9-day and 20-day moving averages are giving several positive signals, RSI has rebounded from oversold territory, and MACD bearish momentum is also waning—all quite encouraging signs. However, the problem is that on the daily chart, ZEC is still stuck in a downtrend channel, with heavy selling pressure above. Plus, market liquidity is usually low during the early morning hours, making it easy to get caught by sudden wick movements, so it’s crucial to closely monitor key breakout and support levels.

Bullish strategies:

Breakout follow-up—If the price holds above the 410-421 range with increased volume, you can follow the breakout, targeting 450 as the next level.
Buy the dip—If it pulls back to the 390-395 support range, you can take a small position for a bottom entry, but set your stop loss below 383 and don’t get greedy.

Bearish strategies:

Short at highs—If the price surges to the 420-435 resistance range but lacks momentum and volume shrinks, consider shorting with a stop loss above 445.
Breakdown follow-up—If it drops below 383-372 and closes clearly under this range, you can continue to short, targeting 367-365, with a stop loss above 390.

Risks need to be clearly stated: low liquidity during the early morning is a pitfall, as large funds can easily drive the price up or down, with frequent wick movements. You must set strict stop losses to avoid slippage or extreme market moves amplifying your losses. Also, keep an eye on Bitcoin and overall market sentiment; $ZEC’s open interest is still quite high, so even slight fluctuations could trigger cascading liquidations. Finally, remember this rebound hasn’t truly reversed the long-term downtrend—always be wary of bull traps, and prioritize valid breakouts or breakdowns at key levels as your real trading signals.