$560 ZEC, are you still waiting for a pullback to buy in?

I know how you feel right now. You open your account and see ZEC has risen 60% in a week, from just over 300 to 560. You’re out of the market, missing out, itching inside. Want to chase, but afraid of getting caught; don’t chase, afraid it will fly away. Every day someone’s shouting “Privacy coins are in a bull market,” and your USDT is like a hot potato—depreciating if left idle, afraid of retracement if chased high.

First thing: 31% of ZEC is locked into the privacy pool, directly reducing the circulating supply by one-third.

ZEC in the Shielded Pool surpasses 5.18 million coins, accounting for 31% of the total supply—last year only 11%. Tight supply + surging demand = skyrocketing prices. This is Economics 101, but 99% of people always realize it too late.

Second thing: Multicoin Capital is secretly building positions, institutions are starting to scoop up.

Rumor has it that since February, this top-tier institution has been increasing its holdings of ZEC. The Grayscale ZEC Trust rumor is fermenting, futures open interest has broken 1 billion dollars, and 24-hour liquidation hit 62 million dollars—mostly shorts. You’re still hesitating whether to chase, but institutions have already finished their bottom positions.

Third thing: The candlestick chart shows we’re still in the middle of the main upward wave.

Weekly round bottom breakout, daily volume breaking above the key resistance of 540-550, MACD golden cross continues, trading volume exploding—nearly 1 billion USD in 24 hours.

TradingView wave analysis indicates we are in the middle of impulse wave 3, with a target directly at 650-700.

In the past 24 hours, ZEC fell 1.7%, short-term consolidation. RSI is high, gains are too rapid, a 5-15% retracement could happen at any time. A large wallet has already opened a significant short position—someone is betting on a pullback.

On one side:

31% of circulating supply locked into privacy pools, supply tight

Institutions like Multicoin keep buying

Weekly round bottom breakout, target 650-700

Privacy narrative + KYC tightening, demand explosion

On the other side:

60% weekly gain, short-term overbought

A big wallet has opened a short position

Regulation is always the Damocles sword hanging over privacy coins

You’re afraid of chasing high and getting caught

Key level: 560, only 30 dollars away from the next breakout point.

Resistance above: 591 → 611 → 650-700

Support below: 542 → 513 → 493 (the last line of defense for bulls)

Short-term traders:

Wait for a pullback to 520-542 to buy in gradually, stop-loss at 493 (sell if it breaks below), first target 591, second target 650. Don’t chase at 560; entering here, a 5% retracement could make you panic and shout “zero.”

Swing traders:

Try a small position at current price, add on pullback to 520-542. Stop-loss at 493, target 650-800. Confirm a breakout above 591 with volume before adding more—this is a right-side signal.

Long-term believers:

ZEC has a total supply of 21 million coins, nearly fully circulated, with 31% already locked. PoS transition is underway, ETF expectations are brewing. Target 800-1000 by end of 2026, betting on privacy becoming the next trillion-dollar track. But remember—position size should not exceed 5-8% of total funds, and ZEC’s maximum historical drawdown is 90%.

ZEC right now is like 2020’s DOT—

Mainnet just upgraded, institutions are secretly buying, 90% of people don’t understand it, and by the time they do, it will have already risen fivefold.

560 is not the end; it’s the starting point of your hesitation. #BTC回调 $BTC $ETH $ZEC