ZK Ready for a Major Crash!!! 🛝

This is a call for all short-term ZK holders to start locking in their profits 🤑!

For those asking if they should buy ZK at this point, my hard answer is... NO! 🚫 You wanna know why? Let's do the analysis together 👇👇👇

Fundamental Analysis 🔰

1. What is Zero-Knowledge?

At its core, zero-knowledge refers to a cryptographic method that allows one party to prove the truth of a statement without revealing any additional information beyond the statement itself.

Imagine a scenario where you want to prove that you know a secret (like a password) without actually disclosing the secret. Zero-knowledge proofs enable precisely that.

2. Zero-Knowledge Proofs: The Basics

Here's how it works:

You write a secret on a piece of paper (something I wouldn't know).

You drop the paper into the box.

If I can unlock the box, read the paper, and tell you the secret, I've proven that I know the combination without revealing it to you.

3. Application in Crypto Tokens

Zero-knowledge proof coins (ZK tokens) are distributed by protocols that use zero-knowledge proofs to verify transactions.

4. ZK Token Examples

Polyhedra Network (ZK): A token with real-world use cases, priced at USD 1.11.

zkSync (ZK): Its native token, used for governance and voting power in the zkSync ecosystem.$

Technical Analysis 📉📈 [zkSync (ZK)]

ZK in this major dump is expected to get to the 0.16 zone as shown by the pink horizontal ray.

The buyers are already showing signs of weakness seen in the rejection at the 0.24 zone.

This crash is supported by the impending 50% bearish crossover in the RSI.

From the path, there'll likely be a forced buy before the crash, don't be deceived by this!

This is a comfortable entry for Futures traders to hold Short positions!

Let's meet again in profits.

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