$ZEC takes a sharp hit, dropping 13.5% and falling below the $1,000 mark for the first time since September. The decline puts Zcash among the biggest losers across the top 100 cryptocurrencies by market cap.

After its strong rally, this pullback raises questions about whether the recent momentum is fading or whether buyers will step in at lower levels. The key now is whether $ZEC can reclaim $1,000 or if sellers continue to dominate.

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