$ZEC has surged again—seriously, it’s not giving the shorts any breathing room.
Right now, the price is hovering around $1,550. It briefly pushed up to $1,584, setting a fresh high for this phase. In the past 24 hours, it’s up more than 7%, and over the past 7 days, the gain is already above 34%. Pulling it from around $1,000 to where it is now—this kind of momentum isn’t just a normal rebound.
What’s most uncomfortable now is for those who are chasing the upside returns and going short or trying to short. Every time the price dips back, it quickly gets reclaimed. When shorts close out, it actually provides liquidity that keeps feeding the rally. The chart has already formed a very clear bullish structure.
On the fundamentals, expectations for the NU7 upgrade continue to build momentum. The community previously voted overwhelmingly to keep a Bitcoin-style halving mechanism, and after the upgrade, block time will be significantly shorter. On top of that, ZEC-related ETFs continue to attract capital, and market attention toward the privacy sector has clearly increased.
That said, above $1,550 is a high-volatility zone. Chasing longs from here doesn’t offer the same risk/reward as it did at earlier lower levels. If you want to go long, it’s better to wait for a pullback and confirmation. If you already have a position, don’t let a sudden spike drag you into chasing. As for the shorts, trying to force the resistance against this trend—honestly, it’s very easy to get dealt with again.
Right now, the price is hovering around $1,550. It briefly pushed up to $1,584, setting a fresh high for this phase. In the past 24 hours, it’s up more than 7%, and over the past 7 days, the gain is already above 34%. Pulling it from around $1,000 to where it is now—this kind of momentum isn’t just a normal rebound.
What’s most uncomfortable now is for those who are chasing the upside returns and going short or trying to short. Every time the price dips back, it quickly gets reclaimed. When shorts close out, it actually provides liquidity that keeps feeding the rally. The chart has already formed a very clear bullish structure.
On the fundamentals, expectations for the NU7 upgrade continue to build momentum. The community previously voted overwhelmingly to keep a Bitcoin-style halving mechanism, and after the upgrade, block time will be significantly shorter. On top of that, ZEC-related ETFs continue to attract capital, and market attention toward the privacy sector has clearly increased.
That said, above $1,550 is a high-volatility zone. Chasing longs from here doesn’t offer the same risk/reward as it did at earlier lower levels. If you want to go long, it’s better to wait for a pullback and confirmation. If you already have a position, don’t let a sudden spike drag you into chasing. As for the shorts, trying to force the resistance against this trend—honestly, it’s very easy to get dealt with again.