Cause of Price Decrease of #ZRO and #ZK - Trading Order Adjustment

LayerZero (ZRO)

Reason for price reduction:

1. Overall market decline: Cryptocurrency market sentiment is bearish due to uncertainty about economic policy and global cryptocurrency regulatory measures.

2. Selling pressure from large investors: Some large investors have sold off to take profits, putting downward pressure on ZRO.

Adjust order:

- Buy: $2.20 - $2.30

- Sell: $2.80 - $2.90

- Stop-Loss: $2.10

ZKsync (ZK)

Reason for price reduction:

1. Wide distribution of tokens: The recent large airdrop has increased the supply of tokens in the market, causing strong selling pressure.

2. Adjustment after the initial price increase: After listing, ZK increased its price strongly and is currently adjusting it downward to balance the market.

Adjust order:

- Buy: $0.14 - $0.15

- Sell: $0.20 - $0.22

- Stop-Loss: $0.13

Trading strategies

1. Buy Sell Point: Place buy orders at new support prices and sell orders at resistance levels to optimize profits and minimize risks.

2. Risk Management: Use new stop-loss orders to protect capital, especially in highly volatile markets.

3. Follow the News: Always update information from Binance's official channels and reputable financial news sites for timely adjustments.

Note: This information is based on updated data from reliable sources such as Binance and CoinMarketCap. Investors need to manage risk carefully and should not invest more than they can afford to lose.

DYOR.