2026-01-09 06:31:31

ZEC experienced a significant correction yesterday. As negative news about development progress emerged, selling pressure surged, causing the price to plummet from 480 straight down to around 380. Although there was a rebound at the bottom after a night of recovery, encountering obvious resistance above 440, the upward momentum remains insufficient for further gains.

From an on-chain perspective, the trend of capital outflow has not reversed. This ongoing outflow signal is worth noting—when on-chain balances decrease, it often indicates that market participants are gradually exiting. Considering the current technical pressure, a phased short-term bearish approach can be considered, with targets around the 410-400 range.

As market indicators, SOL and BTC's movements are still worth monitoring in sync. Overall, at this stage, it's best to follow the market rhythm; opportunities are fleeting, so act early.

ZEC0,27%

SOL1,77%

BTC0,39%

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ImpermanentPhobia

· 01-11 20:40

ZEC this wave is really amazing, dropping directly from 480 to 380. As soon as the development news came out, it was a slaughter. It rebounded to 440 but still fell back, feeling like there's still room to go down later. On-chain funds have been continuously flowing out, which is not a good sign. We still need to be cautious. The 410-400 range could be a good spot to lay low and watch. Following the rhythm of Bitcoin and SOL is definitely the right move. In this industry, you need to act quickly; opportunities can disappear in an instant.

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TeaTimeTrader

· 01-09 07:01

ZEC this wave is indeed a bit tragic, dropping straight from 480 to 380 is really shocking, on-chain funds are also fleeing, it seems like quite a few people are exiting the market. I feel like the bearish idea might be a bit premature... still depends on whether BTC can give support. The 440 resistance level is real, repeatedly testing it without breaking through is quite interesting.

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AirdropF5Bro

· 01-09 07:01

zec this wave is really aggressive, dropping from 480 to 380 just like that. As soon as the development news came out, it seems no one wanted it anymore. Funds are quietly flowing out, and the decreasing on-chain balance is not a good sign. Follow the rhythm, don't think about bottom fishing. The 410 level does seem to be a reference.

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GasFeeCryer

· 01-09 06:55

It's the old trick of negative news crashing the market again; ZEC has dropped quite sharply this time. On-chain funds are fleeing, and this signal indeed can't be sustained. I'll keep in mind the bearish approach for now, but it still depends on BTC's performance.

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GasFeeCrier

· 01-09 06:52

ZEC this wave of dumping is really fierce, dropping directly from 480 to 380, which is a bit outrageous. However, the ongoing outflow of on-chain funds is definitely something to watch out for; don't be fooled by the rebound. --- It's another follow-the-leader exit, no wonder the pressure is so high. It seems that 410 can really serve as support. --- Wait, what is this developer news? Why did the price suddenly crash? Feels like no one gave an early warning. --- I get the short-term bearish idea, but are SOL and BTC really stable? If they drop again, can ZEC survive? --- That 440 resistance line is holding tight, can't break through no matter what. As expected, timing is everything.

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ForkLibertarian

· 01-09 06:50

ZEC's performance this time was indeed disappointing, dropping from 480 to 380 directly. The timing of the negative news from the development team was really impeccable. But to be honest, every time they say they are following the rhythm of SOL and BTC, and yet? Their own main chain is bleeding, and they are still concerned about others' opinions.

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