đš ZCASH DROPS 21% â IS THE RALLY OVER?
ZEC has pulled back sharply from its recent $1,698 peak after an explosive rally, putting ETF flows and privacy-coin momentum back in focus.
đ Key Points:
âą ZEC around $1,333.50, down 7.29% in the session
âą About 21% below the $1,698 peak
âą ZEC previously surged ~253% from $480.72
âą Grayscaleâs ZCSH recorded a $30.25M net outflow on Sept. 30
âą Cumulative ETF inflows remained near $268M
âą 2,746 ZEC reportedly moved from hack-linked addresses into Zcashâs shielded pool
đ Market Insight:
The pullback comes after an unusually strong rally. ETF flows have cooled, while security and privacy-related developments are adding to market sentiment.
A sustained move below $1,233 would put deeper support levels in focus, while reclaiming $1,410.72 would signal that the recent correction is losing pressure.
đȘ Asset to Watch: ZEC
#Zcash #zec #Crypto #CryptoETF #PrivacyCoins $ZEC
ZEC has pulled back sharply from its recent $1,698 peak after an explosive rally, putting ETF flows and privacy-coin momentum back in focus.
đ Key Points:
âą ZEC around $1,333.50, down 7.29% in the session
âą About 21% below the $1,698 peak
âą ZEC previously surged ~253% from $480.72
âą Grayscaleâs ZCSH recorded a $30.25M net outflow on Sept. 30
âą Cumulative ETF inflows remained near $268M
âą 2,746 ZEC reportedly moved from hack-linked addresses into Zcashâs shielded pool
đ Market Insight:
The pullback comes after an unusually strong rally. ETF flows have cooled, while security and privacy-related developments are adding to market sentiment.
A sustained move below $1,233 would put deeper support levels in focus, while reclaiming $1,410.72 would signal that the recent correction is losing pressure.
đȘ Asset to Watch: ZEC
#Zcash #zec #Crypto #CryptoETF #PrivacyCoins $ZEC
