"Don't panic during a sharp decline, don't be greedy during a rapid rise" — this ancient saying has long been circulated in the crypto circle, and recently it has been vividly reflected in ZEC's price movements.

During the early trading session, ZEC experienced significant sell-offs around the 557 level, with a short-term drop of nearly 80 points. This decline indeed scared many traders, as mainstream coins have been oscillating repeatedly lately, and sudden sharp drops are easily misinterpreted as trend reversals.

However, a careful examination of the market details reveals that this decline concealed some clues. On the 4-hour chart, the lower band of the BOLL Bollinger Bands precisely supported around 375.66, which itself indicates a point of interest. At the same time, the J value of the KDJ indicator has dropped to an extreme of 1.84 (close to oversold territory at the bottom), and the green MACD histogram has also shown a clear decrease in volume, with several technical indicators pointing to one message: "The downward trend is exhausted."

This kind of sharp decline without accompanying volume increase usually reflects not a trend change but a market re-pricing process internally. From a technical perspective, around 370 forms a relatively clear support zone.

For traders, the real test is not whether they can predict the decline but whether they can remain objective amid extreme emotions. This wave of ZEC's performance reminds us that those seemingly abrupt and violent fluctuations in the market can often be explained through technical indicators. The key is to learn how to use data rather than emotions to guide decisions.