Can't a $15.29 million order be blocked? The position of ZEC may determine the short-term direction

From 14:21 to 14:31 in the afternoon, Binance ZEC spot saw 57 large active sell orders, with the main force shipping a total of 16.38 million US dollars. Although there was a large buy in of 15.29 million US dollars during this period, it failed to reverse the short-term weakness, and ZEC briefly stabilized before falling below $510. At present, ZEC is testing the support of the 45 minute cycle EMA31, while the MACD fast line is attempting to cross the zero axis, and the bearish momentum has weakened. In the short term, we can focus on the support zone of $505~$495 and the pressure around $510. It is worth noting that $510 is also the POC price of the chips in the past 24 hours. If the price subsequently rebounds to this position, further observation can be made to see if the center of gravity of the chips moves up synchronously. The data is sourced from the PRO version K-line and is for reference only.