ZEC leads the rally across the board, the privacy coin pioneer enters a rampage mode!

ZEC has truly gone crazy this year, just breaking through $604 USD, hitting a new high for the year. Now, its on-chain fund accumulation ranks first worldwide, contract holdings even surpass Dogecoin, ranking sixth globally!

The surge in privacy demand and safe-haven funds, along with massive whale long positions pushing the price higher, has caused trading activity on various platforms to explode!
Foreign communities are now full of FOMO comments reminiscent of Bitcoin’s early days, with many top traders making over ten million dollars in a single week. This wealth-creating effect has pushed market sentiment to its peak!

However, looking at it calmly, the short-term trend is somewhat overextended, and the funding situation is not stable. It’s still recommended to mainly operate in swing short positions. Set $640 USD as the stop-loss level, and aim to take profit around $570 USD.

Currently, ZEC’s rapid rise is driven by emotion. The most taboo thing when entering the market now is to go all-in; playing with small positions and taking profits when the market looks good is the smart approach. Don’t get caught in a trap at this critical moment! $ZEC