U.S. non-farm payroll data below expectations, market sentiment fluctuates significantly. ZEC faces short-term downward pressure, but this actually provides us with trading opportunities. Instead of chasing the rally and getting caught, it's better to look for shorting opportunities in XMR and Zen. Honestly, from a technical perspective, these three coins are highly correlated in their movements, making them close siblings—the impact of news will be transmitted simultaneously. Although XMR has a higher market cap and is more difficult to trade, Zen's volatility offers a better shorting entry point. At this stage, cautiously shorting the privacy coin sector might be wiser than blindly bottom-fishing.
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BlockTalk
· 01-10 06:46
Once the non-farm payroll data is out, you know you're going to get trapped. Still, Zen's volatility is so appealing; short sellers cut a wave and then run.
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XMR is too large to move easily, whereas small coins like Zen are easier to manipulate.
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Privacy coins are really fierce right now, better to wait before entering.
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For those caught chasing the rally, take a good look. This is a textbook example of a reverse lesson.
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Is ZEC under pressure an opportunity? I think it's mostly traps, better to be cautious.
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The phrase "brothers in hardship" is perfect; once the news spreads, everything is doomed.
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Instead of blindly bottom-fishing, wait for Zen to drop another two points before opening a short—more stable.
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The privacy coin sector looks tempting now, but it's actually all traps.
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XMR is hard to operate; let the big players tinker with it.
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After this non-farm payroll drop, there's more to watch; the bears will keep pushing.
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LiquidationWatcher
· 01-10 06:37
Non-farm payrolls took a hit, and these privacy coins got caught in the crossfire, hilarious.
XMR is too heavy; better to keep an eye on Zen. Larger fluctuations make it more interesting.
Bottom fishing? Wait, right now shorting is the way to go.
The recent drop in ZEC indeed presents opportunities, but I still think there's no rush.
The phrase "brothers in hardship" is spot on; these three coins truly share the same fate.
Instead of following the trend to buy in, better to let the bullets fly for a while—shorting is more secure.
When news hits, a chain reaction follows—this is probably the destiny of privacy coins.
Shorting Zen is more worry-free than playing with XMR; its volatility is right there.
The non-farm data was a letdown, and the privacy coin sector is cooling off—this is the current situation.
Chasing the rise and getting caught is a typical retail mentality; we'll just watch.
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¯\_(ツ)_/¯
· 01-10 06:30
Non-farm payrolls drop again, starting the show of shorting, same old story
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I know XMR has small fluctuations, but can Zen really cut the leeks?
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It sounds nice, but it's really just betting on the direction
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Privacy coins are indeed easy to transmit, but the risk of shorting is not small
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Been caught in a bottom-fishing trap before, I really don't want to try this time
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I've heard a lot about technical correlations, making money is the real thing
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Under pressure decline = opportunity? Uh, feels like the opposite
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Is Zen a good entry point? I see it as likely to rebound
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Just because non-farm data drops and you go short, the logic is too simple
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Cautiously short or blindly bottom-fish, neither seems reliable
U.S. non-farm payroll data below expectations, market sentiment fluctuates significantly. ZEC faces short-term downward pressure, but this actually provides us with trading opportunities. Instead of chasing the rally and getting caught, it's better to look for shorting opportunities in XMR and Zen. Honestly, from a technical perspective, these three coins are highly correlated in their movements, making them close siblings—the impact of news will be transmitted simultaneously. Although XMR has a higher market cap and is more difficult to trade, Zen's volatility offers a better shorting entry point. At this stage, cautiously shorting the privacy coin sector might be wiser than blindly bottom-fishing.