Zcash policy groups are firing back, urging the SEC not to let its new rules affect privacy wallets. $ZEC is up just 0.73%, with the price stuck at $1,240.

The market sentiment index is stuck at neutral 48, with no clear direction. Calling a bullish or bearish move right now is just guessing—the news and the price aren't lining up at all.

Don't rush into a trade. First, keep an eye on the SEC's response and whether $ZEC 's active on-chain addresses pick up. Hold onto your powder and don't make a move until there's confirmation.

If you want to practice reading the market's reaction to the news, there's still time to jump into Spot Trading Tournament Season 8. Less than a week remains to claim a spot for the rewards.

Do you think this privacy-coin news will translate into gains, or will it be a classic “buy the rumor, sell the news” moment? If you're bullish, comment 1; if you're waiting for confirmation, comment 2.

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