🔥 One week until the NU7 upgrade! $ZEC surged overnight from 1230 to 1398, and the shorts got absolutely crushed!
Tonight, after ZEC broke above the key 1300 level, it accelerated straight away. The 4-hour candle shot from 1274 to 1358, and the next one kept climbing to 1398👇
▪️ Current price: 1387, up 8.9% in 24h; intraday low: 1230, high: 1398, with a swing of over 13%
▪️ 24h trading volume: around 214 million USDT, keeping it among the top-performing altcoins
▪️ During the rally, about $2.05 million in short positions were liquidated in one hour—more than 200 times the long liquidations
▪️ NU7 is expected to activate around November 5: block times will drop from 75 seconds to 25 seconds, and 60% of fees will be taken out of circulation and moved into the reserve pool
The 10th anniversary just passed, and CoinShares has also included ZEC in a physically backed ETP. The upgrade and institutional narrative are coming together. My personal take: if it holds above 1400, it could test the 30-day high of 1438 and the 1500 area; if it falls back below 1300, don't chase it for now 🔥
Ahead of the upgrade, are you holding $ZEC and waiting, or waiting for a pullback to get in? Let us know in the comments👇
#ZEC #隐私币 #币安广场征文活动
Tonight, after ZEC broke above the key 1300 level, it accelerated straight away. The 4-hour candle shot from 1274 to 1358, and the next one kept climbing to 1398👇
▪️ Current price: 1387, up 8.9% in 24h; intraday low: 1230, high: 1398, with a swing of over 13%
▪️ 24h trading volume: around 214 million USDT, keeping it among the top-performing altcoins
▪️ During the rally, about $2.05 million in short positions were liquidated in one hour—more than 200 times the long liquidations
▪️ NU7 is expected to activate around November 5: block times will drop from 75 seconds to 25 seconds, and 60% of fees will be taken out of circulation and moved into the reserve pool
The 10th anniversary just passed, and CoinShares has also included ZEC in a physically backed ETP. The upgrade and institutional narrative are coming together. My personal take: if it holds above 1400, it could test the 30-day high of 1438 and the 1500 area; if it falls back below 1300, don't chase it for now 🔥
Ahead of the upgrade, are you holding $ZEC and waiting, or waiting for a pullback to get in? Let us know in the comments👇
#ZEC #隐私币 #币安广场征文活动