ZEC's recent market movements indeed hide many secrets. A well-known figure has repeatedly been bullish, calling the target price up to 2000 yuan, which directly ignited retail investors' enthusiasm. The current price is around 530, and according to this logic, there is more than three times the potential upside. Many people are following the trend to enter the market, and quite a few are even going all-in.

But there is an intriguing phenomenon—while the hype and buy signals are growing louder, large institutional players are quietly reducing their positions. This contrast is no coincidence. Market manipulators create hype and FOMO to attract continuous inflows of retail investors, while they themselves have long arranged their chip transfer plans at high levels. In simple terms, retail enthusiasm is sometimes the best entry point for the big players to offload their holdings.

The market is always a double-edged sword; expected returns and risks are often two sides of the same coin. Before chasing the rally, ask yourself: who is paying for this rise, and who holds the chips? That is the key to understanding the market.