#BTC对标贵金属的竞争格局 [ZEC Trend Observation]

Look at this 4-hour chart - the price is hovering around the lower Bollinger Band. Yesterday it even dipped to the 406 level, but still couldn't break down for real. This indicates that there is indeed a bottom at this price level, and short-term support is still there.

But don't get too excited too early. The overall situation hasn't changed much, and both bulls and bears are still testing each other. Right now, it's just a process of repeatedly validating support, and the market is waiting for a signal. The problem is that the price is firmly pressed below the Bollinger Bands, and from a technical perspective, it still looks clearly weak. Another point worth noting is that the Bollinger Bands are narrowing, which usually indicates that volatility is decreasing. Don't think this is news; it's often an accumulation signal before a big market movement.

The trading logic is very clear: **go with the trend**. If the price rebounds later, it is the right approach to set up shorts near the resistance level, while closely monitoring whether the support below has been completely broken.

**Reference Operation**
If it falls back to the 406-400 area, it can be considered for a long position, with the upper target looking towards the 440-455 range.

$BNB