$ZEC latest complete 6-hour gain of 6.1%, and the spot trading volume is 124% higher than the previous window. Prices are moving back toward the previous high again. The key change worth watching today is that the spot buy-side has returned.
The current consensus in the square comes from the “ZCSH ETF continuous accumulation” and a squeeze narrative. But the SEC filings only confirm that on September 8, DCG exchanged 85,705 ZEC units of spot for ETF shares—this cannot be counted as new buying today. What can be verified today is that active buying has already risen to 61.2%.
Long trigger conditions: only if the 1-hour close is above $1,200, and active buying during that hour remains above 55%, will we look at the next 1-hour candle open. A 4-hour close back below $1,160 invalidates the setup. Targets to watch first are $1,225, then $1,250, with validity until tomorrow at 17:00. If active buying falls back below 50%, abandon this breakout.
#ZEC #Zcash #privacy coin
The current consensus in the square comes from the “ZCSH ETF continuous accumulation” and a squeeze narrative. But the SEC filings only confirm that on September 8, DCG exchanged 85,705 ZEC units of spot for ETF shares—this cannot be counted as new buying today. What can be verified today is that active buying has already risen to 61.2%.
Long trigger conditions: only if the 1-hour close is above $1,200, and active buying during that hour remains above 55%, will we look at the next 1-hour candle open. A 4-hour close back below $1,160 invalidates the setup. Targets to watch first are $1,225, then $1,250, with validity until tomorrow at 17:00. If active buying falls back below 50%, abandon this breakout.
#ZEC #Zcash #privacy coin
