ZEC is going nowhere. After hitting a new all-time high of $1,693, the coin pulled back and is now stuck in the $1,200–$1,285 range. On one hand, it's facing issues with the ETP listing in France and outflows from Grayscale; on the other, we're waiting for the NU7 hard fork, so for now, support is holding. Let's see where this consolidation takes us.
Bitcoin is getting battered, but it’s holding up. The month ended with high volatility, and now there’s a fierce battle over key levels. It’s encouraging that institutions aren’t panicking or dumping spot ETFs, so a deep crash is being avoided for now.
Regulators are tightening the screws again. Funds are facing more and more reporting requirements. As a result, fresh inflows into ETFs have slowed noticeably — major players have clearly shifted into wait-and-see mode.