ZEC this wave of volume surge and sharp decline, it looks like it's not over yet. The daily technical indicators show a clear oversold signal, but from the overall trend, the bearish momentum still holds the absolute advantage.

What does a volume-driven decline usually mean? Heavy selling pressure. A close look at the funding data reveals it—spot holdings are continuously flowing out, retail investors have long lost their desire to buy the dip, and futures are even more so, with net outflows. Occasional rebounds are basically just fleeting.

There are two main approaches to trading. The aggressive traders can open short positions directly in the 435-442 range, but stop-loss must be tight, leaving no room for slack. If you want to be more cautious, wait patiently for a rebound to 470-480 before considering entering, which will reduce psychological pressure significantly. Set the stop-loss 3-5% above the entry price—aggressive orders can be placed at 452-458, while safer orders can be moved to the 495-505 range.

Looking at the downside potential, focus first on the 385-360 zone, which offers about 13%-18% decline space. Just be cautious of a sudden rebound; the daily RSI is already quite low, so the risk of a sharp bounce exists. Are you planning to continue shorting this wave, or wait for a better opportunity at the bottom?