$ZEC It is currently very risky to short ZEC directly; I do not recommend everyone to chase the short. On May 26, 2026, ZEC fluctuated between $610 and $670, and today it dropped about 5 to 7%, with a 24-hour trading volume still between $700 million and $900 million. Since the beginning of this year, ZEC has surged over 1,000%, and in the past month, it has also risen over 100%, typical of a high-level correction after a strong trend.



There are three main risks to shorting. First, there have been multiple large-scale short squeezes recently, with single events blowing up short positions worth tens of millions of dollars, institutions openly buying and big players calling out, repeatedly hitting the shorts. Second, the fundamentals are relatively strong, with a resurgence in privacy coin narratives, and funds are rotating into the privacy sector. Third, technically, the short-term oversold condition, with RSI at low levels, makes a rebound very likely.

If you insist on shorting, it is recommended to wait until a rebound to the resistance level of $680 to $720, or until Bitcoin clearly weakens, and volume breaks below the important support of $580 to $600 before taking action. Stop-loss must be strictly controlled at 3 to 5%. A safer approach is to wait for a high-level rebound to sell or to observe first; short-term traders can consider going long at low levels to catch the rebound $ZEC .
ZEC-7.69%
BTC-1.46%
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