The Orchard vulnerability triggered heavy panic, sending $ZEC sharply lower. But so far, there is no confirmed evidence that the flaw was ever exploited or that fake coins entered circulation.
Now the market is waiting for the Ironwood upgrade, expected in late July, which aims to verify the blockchain's supply and restore confidence. If the network confirms everything is clean, sentiment could shift quickly.
I'm watching the $450–$500 accumulation zone with upside targets around $530 and $600. A daily close below $350 invalidates the setup.
As always, manage risk carefully. Keeping exposure modest until the upgrade is complete is a smarter approach than chasing hype.
Bitcoin is trading below $62K, but the altcoin market is showing renewed strength. Ethereum continues to recover, while the Altcoin Season Index has reached its highest level in three months.
Capital is slowly rotating into strong altcoins, with several projects already outperforming $BTC . If this trend continues, altcoins could see more upside in the coming sessions.
Momentum is building as $AAVE reclaims higher levels and buyers continue defending every pullback. A clean breakout above resistance could open the door for another strong leg up.