Tyler McKnight

$ZEC is bleeding - and the market doesn’t care as it seems 📉

ZEC down ~5.7% today, trading ~$234 after rejection near $266 (upper BB).

Daily structure = bearish: lower highs since ~$550 → ~$400 → ~$300 → now sub-$250.

Bollinger Bands:

🔸 Basis: $224.7

🔸 Upper: $266.7

🔸 Lower: $182.7

Price failed at the upper band → immediate rejection → now losing momentum back toward mid-band.

Key downside levels:

- $224 → loss opens $182

- Below $182 = continuation toward ~$150 zone

🚨 Why it’s dropping?

- No strong narrative or capital inflow into privacy coins

- Liquidity rotation into majors ($BTC/ETH)

- Weak demand on bounces → sellers dominate every rally

- Volume spikes mostly on red candles = distribution

No accumulation structure for now. DYOR.

#BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #ZEC