$ZEC Breaking through $608 marks the official launch of the privacy coin market. This breakthrough has three implications: first, the technical pattern has completely reversed; $600 previously acted as the bullish psychological ceiling, and after breaking through, the upside space opens up, with the chart entering a major upward rally. Second, the privacy narrative has regained market consensus; amid tightening regulation, assets that truly have privacy features become a safe haven. As the pioneer of zero-knowledge proof (ZKP) technology, ZEC is reclaiming its dominant position. Third, short sellers are liquidated due to sustained high fees, and their liquidation buy orders further propel the coin price higher.

$ZEC Breaking through $608 marks the official start of the privacy coin market. This breakthrough has three implications: first, the technical pattern has completely reversed, with $600 previously serving as the bullish psychological ceiling; after breaking through, the upward space opens, and the market enters a main rally; second, the privacy narrative has regained market consensus. Under tightening regulations, assets with true privacy features become safe havens. ZEC, as the pioneer of zero-knowledge proof (ZKP) technology, is regaining its dominant position; third, short sellers have been liquidated due to persistently high fees, and their closing buy orders further push the coin price higher.

Regarding target levels, after stabilizing above $600, the next psychological barrier is $700; if the trend continues, it may challenge the all-time high. In terms of trading, it is recommended to follow the trend and avoid trying to catch the top. Those who have already entered should continue holding, while those who haven't can wait for a pullback near the $580 support level to look for opportunities, avoiding chasing highs during rapid rises. The value of privacy coins is not outdated; ZEC's market has only just begun. #Gate广场五月交易分享