$ZEC 373 dollars, do you want to chase?

SEC investigation completed, Grayscale ETF on the way, Foundry USA enters mining, the buffer pool reaches 5.18 billion ZEC—this news sounds incredible as if it's fake. But in the last 12 hours, the price has dropped 2.9% from its peak, the RSI from an extreme 96.21 has suddenly fallen to 36.27, a big whale opened a short position worth 11.47 million dollars waiting to harvest. Is this a secret weapon in the privacy path, or the end of a good rally?
First look at the surface: rises quickly, falls even harder.
In the past 24 hours, ZEC has increased by 7.29%, reaching 373 dollars, market cap of 6.2 billion, trading volume quadrupled. But don’t celebrate too soon—candlestick charts show that the price just fell from its peak at 427 dollars, RSI from 96 in the overbought zone was immediately cut off.
First point: regulatory threat, now completely gone.
SEC investigation into Zcash officially ended in January, with no enforcement or fines. What does this mean? It means ZEC is currently one of the few privacy coins “approved” by US regulators. The spot ETF application by Grayscale is in process, the market expects approval by Q2 2026. Potential inflows of 200 million to 500 million dollars, against a market cap of 6 billion—try calculating this space yourself.
Second point: institutions are truly entering.
The world’s largest Bitcoin mining pool, Foundry USA, officially supports ZEC mining. This is not a joke, this is **institutional-level computing power support**. The buffer pool is worth up to 5.18 billion ZEC, more than 30% of the total circulating supply.
Third point: but there is resistance.
A big whale opened a short position on ZEC worth 11.47 million dollars. Zebra nodes were found to have security vulnerabilities, without upgrades risking a fork in the blockchain. The 12-hour RSI from 96 dropped to 36, buying momentum plummeted drastically.
On one side, regulation is released, institutions are entering, privacy narratives are rebounding.
On the other side, the big whale shorts, security vulnerabilities, technical indicators overall declining.
Key support at 365-372 dollars, this is the last line of defense between bullish and bearish.
If you are a short-term trader: enter around 365-372 with a light position, gradually take profit at 391→410→435, if it drops below 348, cut losses immediately.
If you are a long-term investor: add heavily below 350, ETF approval is a signal for the next wave of rise. Conservative target end of 2026 at 500, neutral 650-850, breaking 1000 is not a dream.
ZEC’s current position is like SOL in 2020—nobody believed it could rise, once everyone believes, you can no longer buy it. #美国寻求战略比特币储备 $ZEC