$ZEC has pushed above the $1,500 area, with recent momentum supported by strong trading activity and growing institutional interest. Spot ZEC ETFs reportedly saw $98.2M of inflows in the week ending September 18, adding another layer of attention around the privacy-focused asset.
But this is also where traders need to stay disciplined.
Open interest has reached record levels, meaning the move is attracting significant leverage. That can support momentum, but it can also make pullbacks sharper if positions become crowded.
Another catalyst to watch is Zcash’s planned NU7 upgrade, currently targeted for November 5, with 25-second blocks proposed alongside other network changes.
The big question now:
Can $ZEC hold its breakout structure, or does heavy leverage trigger a deeper reset?
For me, volume confirmation and clean support retests matter more than chasing a vertical candle.