$570 ZEC, are you still waiting for a “pullback to buy in”?

Multicoin Capital has been quietly accumulating since February, and today the founder publicly announced “ZEC is the best hedge against visibility risk of wealth.” Winklevoss said he plans to buy 5% of the total supply, with a target price of $9,700. Just now, ZEC surged directly to $590, a 30-day increase of 115%, with a market cap jumping into the top 12.

First look at the surface: volume and price soaring together, momentum like a rainbow.

In the past 7 days, up 71%; in 30 days, up 115%; in a year, up 1,409%. Market cap is $9.5 billion, the absolute leader in the privacy coin sector, with 24-hour trading volume exploding to $1.14 billion—2-3 times the recent average. The candlestick chart shows: EMA50/200 golden cross confirmed, volume breakout past the previous high of $540, new high already set: bullish, go fast!

First thing: institutions and whales are really buying with real money.

Multicoin Capital founder publicly states ZEC is a seizure-resistant asset.

Winklevoss plans to hold 5% of the total ZEC supply through Cypherpunk Technologies. Based on current market cap, that’s a position worth nearly $500 million.

Grayscale Zcash Trust trading volume doubled, pushing forward the spot ETF conversion. Robinhood has already listed ZEC trading. SEC investigation closed with no penalties.

Second thing: privacy demand is turning into a “must-have.”

31% of circulating supply has been locked into the Shielded Pool, hitting a record high.

ZSA privacy stablecoin is about to launch, Crosslink hybrid PoS transition is on the way, NU7 network upgrade is imminent. The Rome Developer Summit is tomorrow—more technical good news is expected to be released intensively.

Third thing: a technical signal you must understand has appeared.

Breaking the previous high of $540 + EMA golden cross + volume expanding 2-3 times—this is textbook-level bullish start pattern.

On one side:

Institutions and whales are entering with real money

Regulatory risk is easing, ETF expectations heating up

Privacy demand exploding, on-chain data hitting new highs

Technical breakout + golden cross + volume surge, a bullish start pattern

On the other side:

Up 115% in 30 days, short-term profit-taking is substantial

A slight pullback from $590, buying pressure temporarily easing

Some say “speculation is excessive, lacking on-chain support”

You’re still waiting for a pullback, watching it rise from $400 to $570 with your own eyes

Key level: $570, still far from the all-time high.

Resistance above: $590 (today’s high) → $650 (short-term target) → $700-850 (mid-term target)

Support below: $540 (former resistance now support) → $500-520 (strong support zone)

Short-term traders:

Wait for a pullback to around $540-550 before entering, stop-loss at $520 (exit if it falls below), first target $590-650.

Swing traders:

If you already hold a position below $540, hold on. Target $650, take 30% profit first, remaining look at $700-850. If the daily close doesn’t break below $500, don’t exit.

Long-term believers:

Build positions gradually in the $500-540 range. ZEC total supply is 21 million, nearly fully circulating, with staking rewards after PoS transition. Year-end target over $1,200, betting on ETF approval + privacy narrative becoming the main theme by 2026. But remember—privacy coins are highly volatile, don’t allocate more than 30% of your total portfolio.

ZEC now is like LINK in 2020—

99% of people think “privacy coins have regulatory risks and dare not touch,” but institutions have already run the compliance privacy logic through.

The day $600 breaks through, you’ll realize: it’s not that ZEC can’t do it, it’s that you know nothing about “wealth privacy.” #BTC回调 $BTC $ZEC $ETH