$ZEC just touched $1,080 for the first time in nearly a decade. 🤯
A lot of traders forgot that this coin was sitting around $15 not that long ago.
From complete silence to outperforming both BTC andETH this week:
📍 What actually triggered this expansion?
• Grayscale’s ZCSH spot trust opened the floodgates for institutional capital.
• Futures open interest crossed an unprecedented $2.1B as shorters were repeatedly liquidated.
• Shielded wallet usage reached record highs, proving on-chain utility over pure speculation.
📍 Key Chart Levels to Watch:
🛡️ Support: $920–$950 (Previous breakout zone)
🎯 Resistance: $1,150–$1,200 (Next liquidity pocket)
Chasing after a +20% daily candle is dangerous, but the supply squeeze is very real.
Be honest: Did you catch this ZEC run, or did you think $400 was already the top? 👇
(Educational market review. Not financial advice. Always DYOR.)
#ZECHitsANewAllTimeHigh
A lot of traders forgot that this coin was sitting around $15 not that long ago.
From complete silence to outperforming both BTC andETH this week:
📍 What actually triggered this expansion?
• Grayscale’s ZCSH spot trust opened the floodgates for institutional capital.
• Futures open interest crossed an unprecedented $2.1B as shorters were repeatedly liquidated.
• Shielded wallet usage reached record highs, proving on-chain utility over pure speculation.
📍 Key Chart Levels to Watch:
🛡️ Support: $920–$950 (Previous breakout zone)
🎯 Resistance: $1,150–$1,200 (Next liquidity pocket)
Chasing after a +20% daily candle is dangerous, but the supply squeeze is very real.
Be honest: Did you catch this ZEC run, or did you think $400 was already the top? 👇
(Educational market review. Not financial advice. Always DYOR.)
#ZECHitsANewAllTimeHigh
