To those friends who were touting ZEC's imminent takeoff last month, how are you faring now? I just checked the data; ZEC plummeted from 306 to 285 in three days, a drop of nearly 7%. What's even more disheartening is that it gave you hope during that time, rebounding to 320 and making you think things were turning around. And what happened? You were caught in a trap, and it's been hammered down ever since. This is a classic bull trap. The market is cruel; it gives you a taste of success, then slaps you awake. ZEC is now basically a textbook example of a bearish trend. EMA5, 10, 20, and 50 are all providing resistance. A rebound? Forget about it. And don't even mention those still shouting "privacy coins are about to rise"—regulatory pressure is hanging over your heads; do you really think you can get away with it easily? I see many people still trying to buy the dip at 285. Brothers, wake up. Technical analysis tells you this is just a consolidation phase, not a bottom. The key support level is 278; a break below that will send it straight to 274. If you insist on bottom-fishing, at least wait until around 274. Entering at 285 now is just throwing money away to the market. I've never believed in value investing in the crypto market. Trends are everything, and technical analysis is the best teacher. ZEC's current price action has already shown you the answer; stop fooling yourself. Bearish Strategy: Entry Point: Around 285.60 currently, or place a short order in the 290-295 range. Target: The short-term downside target is 278.89. If it breaks below 274.40 (historical support level), it's recommended to take profits temporarily. Risk Management and Stop-Loss: It's recommended to set a stop-loss around 305 to prevent excessive floating losses from a sharp short-term rebound. {future}(ZECUSDT)