#密码资产动态追踪 $ZEC

The "palace intrigue" of privacy coins is here—The ECC team has collectively resigned due to major disagreements with the governance party ZCAM's philosophy. A group plans to go solo and establish a new company to continue safeguarding the original intention of privacy currencies. This internal split is undoubtedly a blow to the short-term market.

But that's not all. The technical signals are even more heartbreaking—A complete downtrend is underway on the daily chart, and the four-hour rebound might be an opportunity for bears to enter. Only when a central pivot forms on the four-hour chart and a bullish divergence appears will this daily decline possibly come to an end.

Looking at larger timeframes, the outlook is even more pessimistic. The weekly MACD has already experienced a death cross, and both the second buy and internal second sell signals on the daily chart have appeared. Currently, it is still continuing to move away from the pivot, and the long-term bearish trend has become an established fact. From the split in news to the overall technical weakening, can ZEC's current decline reach double digits? The answer might be more straightforward than expected.

10-day update