The latest ZEC market interpretation is here—short sellers, you can withdraw now, the bulls are about to take off. If you don’t get on this ride, don’t be a hindsight know-it-all saying you got rekt, because this time the retail investors might really get to ride first class and leave everyone else behind.

From the intraday monitoring data, it’s very clear that the main funds have completely reversed their attitude. The previous defensive posture and bearish suppression tactics are gone, replaced by obvious bullish signals. The big players are making it clear: they’re pushing up the price and preparing for a decent bullish move. What does this mean? It means the dominant funds’ current strategy is no longer to keep dumping and selling off, but rather to actively push the price up from relatively low levels and prepare to reap some upside gains.

Looking at the hourly details, there are two key accumulation zones to remember: 332.62 to 340.73, and a broader range from 318.69 to 338.62. These two zones overlap and basically form the core cost area for the main players this round. The recent high-volume dips and sideways consolidation were most likely the main players absorbing panic-sold chips around these prices—collecting the coins thrown out by emotional retail traders and slowly transferring them into their own pockets. If prices pull back to these zones, as long as buying pressure holds and there’s no heavy-volume breakdown, the bullish structure remains intact and the support is still solid.

Looking upward, the short-term resistance zones are divided into three layers:
445.89-457.46
460.94-470.59
500.04-509.09

These three hurdles can be seen as the step-by-step target levels for the bulls in this round, and also as heavy resistance areas where trapped traders and shorts are concentrated. Once the price climbs up from the accumulation zone and starts approaching these areas, expect to see repeated tug-of-war on the charts—each level may trigger short-term profit-taking and short-seller counterattacks. But as long as the main funds’ attitude doesn’t change, a breakout is just a matter of time.