In a chaotic market, it's all about who can hold on until the end. Those who can wait until the battle between bulls and bears is decided often get to enjoy the most comfortable phase of the trend.

Recently, the one-hour technical signals for ZEC have presented an interesting contradictory state: from the perspective of the whales, the trend leans bullish, but the actual market movements are creating a tug-of-war between bulls and bears. Simply put—institutions are using back-and-forth manipulation to shake out traders, and short-term chasing of highs and lows will occur frequently. That's why a relatively conservative conclusion like "risk avoidance and observation" is common. If you must participate, you should trade within the established range, and never let emotions drive your decisions.

Using the current price of 507 as a baseline, there are two obvious bearish resistance zones above:

The first is in the 526.35-534.18 range. This is a testing zone for the market and also a potential area where institutions might dump. It’s not a signal to go all-in short here, but a reminder: once the price approaches this zone, increased volatility is likely—either a surge to the upside followed by a pullback to trap longs, or a strong breakout followed by a retest.

The second is in the 535.16-543.63 range. The significance of this zone is that if the price can reach this level, it’s highly likely to enter a phase of accelerated selling or a confirmation of a trap to induce more longs.

From a trading perspective, a more cautious strategy is: when the price approaches 526.35-534.18, don’t rush to act. First, observe whether it can break through with volume and stabilize above 526. If it only surges and then falls back, the pattern of "seeing a breakout one moment and being crushed the next" will repeat. Such market conditions are only suitable for quick in-and-out trades with strict stop-losses. The real opportunity arises when ZEC effectively breaks above 534 and retests without falling below 526—this indicates bulls are truly in control. At that point, paying attention to the specific performance in the 535.16-543.63 zone becomes more meaningful. If this zone shows dense upper wicks and the price struggles to push through, caution is advised.