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Marcus Corvinus1
$ZEC is down about 6% today, around $1,240, roughly 27% off its $1,698 September high. Everyone's calling it a dip. I'm not so sure.
ZCSH just had its first outflow week since August ($93.6M), and Wednesday added $8.5M more. One fund carried this move.
Bias: neutral, leaning bearish.
Watch $1,180-1,220. TPs $1,285 / $1,345 / $1,430. Out below $1,150.
$BTC $ETH $SOL $XRP $ADA weak, $NEAR holding.
Does $ZEC reclaim $1,285 before ETF flows turn?
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