ZEC recently faces a situation that is indeed worth vigilance. From the perspective of market main forces, there is a hard rule that must be remembered—any asset encountering significant negative news at high levels should not have any wishful thinking; if it’s time to run, run.
The current situation of ZEC is truly serious. The collective resignation of the core development team is a fatal blow to the project. In this context, even if the main forces want to continue pushing the price up, the cost will become extraordinarily heavy. The most optimistic expectation is to first hover sideways and then gradually decline. Therefore, once such assets show a rebound opportunity, it is an excellent time to clear out positions.
Looking at the example of PNUT makes it clear—after conflicts arose between the initiator and the project team, the price trend has not looked good. The market confidence shattered by such events is often very difficult to restore.
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ZEC recently faces a situation that is indeed worth vigilance. From the perspective of market main forces, there is a hard rule that must be remembered—any asset encountering significant negative news at high levels should not have any wishful thinking; if it’s time to run, run.
The current situation of ZEC is truly serious. The collective resignation of the core development team is a fatal blow to the project. In this context, even if the main forces want to continue pushing the price up, the cost will become extraordinarily heavy. The most optimistic expectation is to first hover sideways and then gradually decline. Therefore, once such assets show a rebound opportunity, it is an excellent time to clear out positions.
Looking at the example of PNUT makes it clear—after conflicts arose between the initiator and the project team, the price trend has not looked good. The market confidence shattered by such events is often very difficult to restore.