I’m really interested to see how Zcash ( $ZEC ) performs over the next few months.
Usually, when a coin makes a huge rally and grabs major market attention, it forms a top that becomes very hard to break later on. In many cases, the next move either creates a lower high — like Ethena ($ENA) or Aptos ( $APT ) — or a double top similar to Bittensor ($TAO) and dogwifhat ( $WIF ).
Of course, there are exceptions where the second breakout completely destroys the first top with massive upside, just like we saw with Hyperliquid ($HYPE), Pepe ($PEPE), and Bonk ($BONK).
For $ZEC, many traders are still hoping for a potential 5x–10x rally. It’s definitely possible, but under the current market conditions, it honestly feels less likely right now.
#Altcoin
Usually, when a coin makes a huge rally and grabs major market attention, it forms a top that becomes very hard to break later on. In many cases, the next move either creates a lower high — like Ethena ($ENA) or Aptos ( $APT ) — or a double top similar to Bittensor ($TAO) and dogwifhat ( $WIF ).
Of course, there are exceptions where the second breakout completely destroys the first top with massive upside, just like we saw with Hyperliquid ($HYPE), Pepe ($PEPE), and Bonk ($BONK).
For $ZEC, many traders are still hoping for a potential 5x–10x rally. It’s definitely possible, but under the current market conditions, it honestly feels less likely right now.
#Altcoin