ZEC, PUMP, and ATH lead the market, with open contracts surging by 44%

The crypto assets market has kicked off the fourth quarter with strong momentum, with Zcash (ZEC), Pump.fun (PUMP), and Aethir (ATH) all recording double-digit pump in the past 24 hours. Among them, ZEC has reached a new annual high, and the open interest has surged by 44%, indicating a high risk appetite in the market. Technical analysis shows that these three encryption assets are likely to continue their upward trend, providing more opportunities for investors.

The number of open contracts has increased significantly, and market risk appetite has clearly rebounded

(Source: Coinglass)

According to the latest data from CoinGlass, the open interest of Zcash, Pump.fun, and Aethir has shown significant growth in the past 24 hours, reflecting a sharp rise in traders' interest in these assets. Specifically:

ZEC Open Position volume increased by 44%, reaching 26.24 million USD.

PUMP Open Position volume increased by 9%, reaching 675.17 million USD

ATH unclosed contract volume increased by 16%, reaching 127.94 million USD.

This data indicates that as the fourth quarter begins, investors are re-evaluating the Crypto Assets market and reallocating funds to assets with technological breakthrough potential. In particular, the open contracts for ZEC have surged nearly fifty percent, showing that market sentiment towards this privacy coin is rapidly accumulating.

Zcash breaks annual high, technical indicators show strong momentum

(Source: Trading View)

As the leader of this round of pump, Zcash recorded an 8% increase on September 29, accumulating nearly a 10% rise compared to the previous trading day. This privacy-focused crypto asset has broken through the key resistance level of $61.01 (78.6% Fibonacci retracement level), opening up space for further upward movement.

Technical Analysis shows:

· The RSI indicator reaches 72, entering the overbought area, but there is still room for an increase.

· The MACD indicator and its signal line show a clear bullish alignment, indicating that the upward momentum continues to strengthen.

·The price has broken through the key Fibonacci retracement level, with the next target pointing to the previous high of 74.59 dollars.

If ZEC can hold above the position of 61.01 USD, its upward trend is expected to continue to the peak of 74.59 USD. However, investors should also be aware of potential risks: if it fails to maintain the current level, ZEC may drop back to the support level of 52.11 USD (61.8% Fibonacci retracement level).

Pump.fun breaks through psychological barriers, facing key Technical Analysis resistance

(Source: Trading View)

After registering a strong pump of 15% on Sunday, the PUMP coin experienced a 5% pullback on Monday, which is seen as a healthy technical adjustment. On the 4-hour chart, the Launchpad coin successfully broke through the psychological barrier of $0.005000 and then underwent a brief consolidation before rebounding.

Currently, the recovery momentum of PUMP is facing a key resistance level at 0.006162 USD. If it can successfully break through, the next target will point to the 0.006788 USD level reached on September 21.

In terms of technical indicators:

· The RSI indicator is at 58, having broken through the midline, indicating that buying pressure is strengthening.

· The MACD indicator and its signal line maintain a stable upward trend and are approaching the zero axis, indicating a possible stronger pump.

However, if the intraday decline expands, the PUMP may retest the psychological support level of $0.005000. Investors should closely monitor the performance of this level, as it will determine the price trend in the short term.

Aethir has shifted from consolidation to bullish, targeting previous highs

(Source: Trading View)

After an 11% increase over the weekend, Aethir (ATH) remained stable on September 29, showing good price resilience. ATH's next rebound target is $0.06983 (78.6% Fibonacci retracement level). If it can break through this key resistance level, it is expected to challenge the historical high of $0.09326.

Technical indicators show:

· RSI has fallen from the overbought zone to 63, maintaining a healthy upward range.

· After crossing last week, the MACD remains near the signal line, indicating that momentum is still accumulating.

· The price is currently above the key Fibonacci level, laying the foundation for further upward movement.

However, investors should also note that $0.05565 (61.8% Fibonacci retracement level) remains a key support level. If this level is breached, it could trigger a deeper correction.

Market Outlook: The Fourth Quarter Crypto Assets Are Expected to Maintain Strength

As the fourth quarter begins, the crypto assets market is showing strong signs of recovery. The performance of ZEC, PUMP, and ATH not only reflects the strengths of individual assets but also represents an improvement in overall market sentiment. The significant increase in open contracts further confirms this, indicating that investors are re-establishing their risk exposure to crypto assets.

For traders seeking investment opportunities, these three Crypto Assets offer different risk-return profiles: ZEC, as a mature privacy coin, demonstrates strong technical breakthroughs; PUMP, as an emerging Launchpad platform token, has higher volatility and growth potential; while ATH is in the transition phase from consolidation to bullish, providing a good entry point for patient investors.