ZEC:

1. Market Analysis: Breakout and Pullback, Bulls and Bears Battle at the $360 Level

Current Price: ZEC is currently quoted at about $362 (24H decline of approximately 3%), with a nearly 50% increase this week, a market cap surpassing $6 billion, and significantly increased trading volume.

Technical Analysis:
Weekly chart shows a "cup and handle" pattern, with the price already above the 200-day moving average (~$340), confirming a medium-term bullish trend. However, the 4-hour chart shows divergence: price has not made a new high, while RSI has fallen from overbought territory, and MACD bullish momentum is waning. Currently in a pullback after breakout, with $360 serving as the dividing line between bulls and bears.

News Signals:
Major positive news: SEC officially ends investigation into Zcash (regulatory milestone achieved), Grayscale has submitted its first privacy coin ETF application. Supply and demand are tight: shielded pool size exceeds $5.18 billion (a new high), with large amounts of tokens locked up, leading to a depletion of sell orders. Risk warning: funding rates turn negative, open interest remains high, watch out for major players inserting into the market to liquidate leverage.

Key Levels:

· Core support: $340 - $345 (MA200 and the rising platform ), $300 - $310 (a dense zone of chips, the bulls’ lifeline ).
· Short-term resistance: $389 - $400 ( previous high and psychological barrier ), $445 - $470 ( space after breakout ).

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2. Specific Trading #Gate13周年Dr.Han公开信 Strategies (ZECUSD)

Core Strategy: Medium-term bullish structure established, but short-term enters consolidation and shakeout, with sharp dips for low buy-in, avoiding chasing highs.

1. Long Strategy (Main Strategy: Buy on pullback)

· Entry points: $345 - $350 USD zone (4-hour support line); $305 - $315 zone (golden dip add positions).
· Stop-loss: set uniformly at $295 USD (if broken, trend invalidated).
· Position sizing: 10% of total account (base position), can increase to 15% if price drops to the second zone.
· Take profit targets: first target $389, second target $445, third target $500.

2. Short Strategy (Auxiliary: Short-term rebound play)

· Suitable scenario: price rebounds near previous high but with decreasing volume and stagnation, not breaking $400.
· Entry points: $385 - $392 USD zone.
· Stop-loss: $405 USD (breakout invalidates short position, trend turns strong).
· Position sizing: 5% of total account (light hedge, take profits when good).
· Take profit: $355 - $360.

Summary: ZEC is the strongest leader this week; pullbacks are buying opportunities. The highest risk-reward strategy now is **placing buy orders $348 nearby**; if it surges directly to touch $390, without further fundamental catalysts, it’s unlikely to break through in one go, so a light short-term short position is advisable.