$ZEC Short term: Ten thousand dollars is a strong psychological resistance level, overbought conditions are severe, and after a sharp rise it is likely to fluctuate and then pull back, making a sell-on-rallies, short-on-strength approach suitable.
Medium to long term: As long as the Grayscale ETF continues to advance and the PoS transition is implemented, combined with the deflationary logic of the halving, the long-term allocation thesis for the privacy sector remains unchanged, and pullbacks are a window for institutions to buy on dips.