$ZEC plunged 10%, I wanted to short it this morning but didn’t dare to pull the trigger, ended up slapping my own thigh 👊 ZEC crashed directly today, dropping from 1546 all the way down to 1367, nearly a 10% drop. The 24-hour trading volume hit 1.685 billion, this sell-off was brutal. MACD formed a bearish crossover downward, RSI6 plunged to 14.50, and RSI12 is only 20.77, extremely oversold. I actually wanted to short it while watching it fall this morning, hesitated and didn’t chase it. Now looking at this drop, my thigh is sore from slapping it. The news says technical weakness and NFT ecosystem failure are impacting Zcash’s outlook, a double whammy on fundamentals and market. However, RSI is already extremely oversold, a short-term retaliatory rebound could happen anytime. Chasing shorts at this position would be like catching a flying knife. Brothers, did you profit from this drop? Or were you like me, hesitating and not daring to get on board? Let’s chat in the comments.🙈#ZEC再创新高，估值重估受关注 #ZEC跻身前十，机构化进程提速 #波动雷达：币种异动观察

Today's comment Q: When choosing long-term targets, do you value income, business model, or valuation the most? Valuation. I know many people say the business model is the root, and income is the real thing. But look back at $BTC, what business model does it have? None. What income does it have? None either. It only has a fixed total supply and a group of people who believe in it. According to the business model logic, you simply can't explain why $BTC has made it this far. So for me, valuation is the most important thing for long-term targets. No matter how good a project is, if you buy it at a high price, you'll be stuck for years; even an ordinary asset can make you a fortune if you buy it cheap enough. The same thing, entering at a high point or a low point, the outcomes are worlds apart. The business model can tell you if something can survive, income can tell you how well it’s doing, but valuation decides whether you can make money after buying. Buy cheap, even trash can make money; buy expensive, even treasures can lose money. Of course, I’m not saying business models and income are useless; they determine whether I dare to hold heavily or hold long-term. But when it really comes to making the move, valuation is the decisive number. Do you look at valuation for the long term? Let's chat in the comments.👇 #交易之声：你的经验值得被听到