From the overall market rhythm, USDT is still shrouded in a明显的 Bear Market atmosphere.

The situation with ZEC is worth paying more attention to. As long as the price can hold above the 430 level, the downward structure will not be broken. However, once it effectively falls below 410, it can be anticipated that it will test the range of 400-392.

Looking back at the recent trend, the 457 level once faced a fierce sell-off impact, which subsequently triggered a rapid decline. The price is now consolidating around 418, and from the trading volume perspective, the buying strength seems to be noticeably weak. The entire market has not shown any signs of reversal; it feels more like a breathing phase after a large drop, and the probability of continuing to weaken in the future is not small.

From an operational perspective, it is currently more suitable to sell on rallies around the rebound high points, rather than blindly bottom-fishing when prices pull back. This strategy can better cope with the current Bear Market environment.