$ZEC ZEC's recent decline has been devastating, the Federal Reserve has poured cold water on things, U.S. dollar liquidity is tightening, and global risk assets are suffering together. U.S. stocks have plunged, gold has collapsed, and ZEC has been smashed to pieces!
What's even worse is that the U.S. is going to join the crypto tax framework, compliance costs are skyrocketing, and the manipulators are completely dumbfounded. On-chain data clearly shows: large fund addresses are lying flat, and any movement leads to a series of liquidations!
In this situation, the hype around privacy sectors has ended, and the market will likely forget it next month, focusing mainly on a slow decline afterwards. Holding short positions in the long term should be quite comfortable, and the funding rates can still provide an opportunity.
#加密市场观察 #美SEC推动加密创新监管 #币安合约实盘 #鲍威尔发言 #美国非农数据超预期 
