ZEC's recent performance indeed raises some concerns. The price continues to decline, with bears clearly in control, and many investors are starting to feel anxious. Some point out that the project team's subsequent actions are not very obvious, which raises doubts about the fundamentals. Those who successfully shorted earlier have already made profits, but those trying to bottom fish now are having a tough time.

From the market perspective, multiple breakdown signals have appeared, and each rebound seems weak and unconvincing, indicating that market confidence in ZEC is significantly waning. The overall sentiment is bearish, and the market generally believes that the price may continue to decline.

On the technical side, the current price is around 374.01 USDT. In the short term, support is approximately at 380.85 (about 2.72% above current), while resistance is at 438.66 (about 12.05% above). The suggested approach is: consider placing buy orders near support to test the waters, but if the support is broken, stop-loss decisively and avoid gambling. Caution is necessary at this moment, with risk management as the priority.