ZEC drops 7.94% to $1,472 after record rally
- —ZEC fell 7.94% to $1,471.92, after peaking at $1,648.65 the previous day
- —52-week gain stands at 2,577%, with 87% added in 30 days
- —$2.44 million in long liquidations hit Binance and Bybit
- —Grayscale's ZCSH ETF holds about $914 million; RSI at 64.2, MACD positive
Why it matters: The drop looks like technical profit-taking rather than a reversal; support at $1,470 and $1,420 will determine whether ZEC's rally continues.
Source: DiarioBitcoin