The market has fallen a thousand miles, but one cryptocurrency is moving against the trend—ZEC.

The more panic there is, the more obvious the capital consolidation phenomenon becomes. In this round of market, it has become the "stabilizer" role. While everyone is cutting losses, it is actually strengthening. What does this imply? Major funds have their own intentions here.

From the chart, ZEC's trend indeed has two characteristics worth noting. First is a clear trend—not a volatile fluctuation that goes up and down unpredictably, but a genuine upward structure with direction. Second is the appropriate volume support, which is the most valuable. Any rise without trading volume support is false.

What is the key now? It’s in the range of 515 to 525. If this area is regarded as support, the price can continue to run higher. Once it breaks below, the structure may be broken. Simply put, as long as this bottom holds, the bullish story is not over.

Many people interpret pullbacks as risks, but this is a misconception. For patient capital, pullbacks are often the best entry points. The definition of a strong coin is—even during a decline, it can maintain bottom support and then continue to hit new highs.

In the short term, around 550 is a position worth paying attention to. Whether it can break through this level to open up more space, the market will give the answer. The logic of the market is actually very simple—just whether you are willing to understand what those signals on the chart are telling you.