ZEC dropped from 1,256 to 1,149, ZEN fell from 8.08 to 6.978: The privacy coin sector experiences its first collective retreat, the "ETF support" begins to show differences
$ZEC: Current price 1,149.05 (-4.82%) — 9/7 high of 1,256.92, down about 8.6% since then. 18:00 candle closes at 1,149.05 (-0.12%). Technicals: EMA5 1,140.91 ≈ EMA10 1,139.74 ≈ EMA20 1,146.49, three lines converging between 1,140-1,146 — pullback to the moving average dense area for support; Supertrend 1,188.36 above the price (bearish pressure); MACD bars at 2.49 weakly turned positive (DIF -8.77 crossing DEA -10.02), RSI6 60.56 — momentum is recovering after pullback; KDJ J value at 74.09 remains elevated. $ZEN: Current price 6.978 (-2.75%) — 9/5-9/6 high of 8.081, down about 13.7% since then, falling more sharply than ZEC. Technicals: EMA5 7.010 < EMA10 7.023 < EMA20 7.051, bearish alignment — both short- and medium-term moving averages are pushing above the price; But the supertrend 6.832 is below the price (bullish support remains); KDJ J value 25.85, RSI6 42.37 — short-term decline into a relatively cool zone. On 9/7, we mentioned OKX Orbit's sector rotation pattern:
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