$ZEC privacy sector leader is strong! It’s going to rocket!
This ZEC rally actually outperformed big BTC and Ethereum directly! A lot of people are curious—when macro factors are bearish, why is ZEC still rising against the trend?
The Fed keeps hiking, and the clear bill isn’t passed—so the whole market is under pressure. But capital hasn’t fully pulled out of the crypto space. Instead, it has started to form a group around the privacy track. The more uncertain regulation is, the easier it is for the market to hype the privacy narrative.
On top of that, ZEC itself has ongoing ETF inflows continuously absorbing demand. And it has already boxed the shorts into a corner. As a result, you get a market that’s weak overall, but with ZEC independently pumping higher!
So in the short term, I still wouldn’t recommend shorting ZEC. Don’t go and act as fuel for the rally. If it pulls back, keep buying—ZEC will continue to break to new highs!
This ZEC rally actually outperformed big BTC and Ethereum directly! A lot of people are curious—when macro factors are bearish, why is ZEC still rising against the trend?
The Fed keeps hiking, and the clear bill isn’t passed—so the whole market is under pressure. But capital hasn’t fully pulled out of the crypto space. Instead, it has started to form a group around the privacy track. The more uncertain regulation is, the easier it is for the market to hype the privacy narrative.
On top of that, ZEC itself has ongoing ETF inflows continuously absorbing demand. And it has already boxed the shorts into a corner. As a result, you get a market that’s weak overall, but with ZEC independently pumping higher!
So in the short term, I still wouldn’t recommend shorting ZEC. Don’t go and act as fuel for the rally. If it pulls back, keep buying—ZEC will continue to break to new highs!
