Speaking of ZEN, anyone who’s been in this market for a few days knows it’s just ZEC’s little brother, a clone-like existence. When ZEC sneezes, ZEN immediately catches a cold; when ZEC takes a couple of steps, ZEN can jump higher behind it. Sure enough, in the past 24 hours, it shot straight from $6.188 to $7.183, a 15.7% increase, now climbing around $7.2, with a big bullish candle sweeping away the gloom of the past few days.

Looking at the chart, the 7-period EMA decisively crosses above the 25-period and 99-period EMAs, with the small cycle leading the large cycle—a classic bullish structure. Volume also increased accordingly, showing strong buying pressure. MACD is still holding above the zero line, indicating momentum hasn’t fully dissipated. But I glanced at the RSI, which has already reached a relatively high level; after such a rapid surge, it’s often not smooth sailing, forcing upward pushes can cause setbacks, and in the short term, it’s likely to wobble and digest profits.

The logic isn’t complicated: recently, the volume of privacy coins has come back, and as regulators tighten their grip, people are actually more interested in these assets. Horizen is also working on sidechains and customizable decentralized applications, so there are some technical stories to tell. But ultimately, ZEN’s independent movement is very limited; this round of high jump is mainly driven by ZEC’s momentum. If ZEC weakens, ZEN won’t even be able to make a splash.

So my simple view is: don’t get carried away just because it’s had a big bullish candle. For these follow-the-leader coins, once you’ve taken the profit, it’s time to run—don’t be greedy for that last bite. I’ve seen it too many times: a spike up, then a slow decline over several days, and those who run late end up standing on the mountain. When it’s time to sell, act decisively—don’t fall in love with it.

Keep an eye on ZEC’s trend; if ZEC weakens or stalls at high levels, ZEN will need to be dealt with quickly. Do your own research, don’t just watch the excitement—this market is notorious for resisting all kinds of doubts. $ZEC ‌$ZEN ‌#比特币ETF期权持仓限额增4倍