#比特币对比代币化黄金 $ZEC This recent market move has indeed been fierce. Looking at on-chain data, the amount of short liquidations in the past hour is 61 times that of longs—a classic short squeeze. AI monitoring shows a continuous inflow of funds, but here's the problem—the RSI has already surged to 74.7, which is technically in the severely overbought range.

Historical experience tells us that such extreme indicators often signal the opening of a short-term correction window. Chasing the rally now? The risk/reward ratio isn’t favorable. The smarter move is to wait for a pullback.

I’ve marked a few observation zones:

If the price falls back to the $395-400 range, this is the newly broken platform support and, theoretically, there will be buyers stepping in. Ideally, if it drops to $385-390, that’s basically a golden pit area, offering a much better risk/reward ratio.

But there’s a hard stop-loss line to remember: $375. If it breaks below this level, it means the bullish structure is compromised. Exit decisively—don’t get emotional with the market.

As for the upside, first see if it can hold above the previous high of $422. If it breaks through and the retest is valid, the next target can be around $455.

To summarize the key price zones:
- First support area: $395-400 (light position probing)
- Deep pullback area: $385-390 (key focus)
- Stop-loss line: $373 (exit if broken)
- Breakout confirmation: $410 (bullish continuation signal)
- Long-term target: $425-455 range

At the current $404 level, it’s like the tail end of the fish—it still moves, but there’s not much meat left. Waiting patiently for a better entry is much wiser than rushing in blindly. The market is always there, but you only have one principal.