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$ZEC is under pressure right now. The 4-hour moving average just printed a death cross, which historically signals more downside ahead. The second recovery bounce already topped out, so the structure looks weak. Short bias remains intact.
No need to overcomplicate it. The chart is telling us to stay cautious. This isn't about hype, it's about technical confirmation.
Meanwhile, Saylor just dropped a massive stat: 100 million people are now holding Bitcoin. That kind of adoption speaks volumes about where the market is heading long term.
For ZEC, the short-term path is clear. Watch for further declines unless we see a strong reversal catalyst. Stay sharp, stay disciplined.
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