#MyGateTradeStory Honestly, seeing $ZEC ‌current situation, the first image that flashed in my mind was that massive drop in March 2020.

Back then, the market was in complete panic, Bitcoin tanked by 30-40% in a day, and countless traders were cutting losses and bailing out. What happened next? Just check the candlesticks from the following months and see how much it skyrocketed.
Now, what's ZEC's status? It's hovering around $436, which is an 86% drop from its all-time high. You can't say it's cheap—it's practically a steal. But here's the kicker—does cheap automatically mean it's a buy?
I dug into some on-chain data and found a few interesting signals.
First, trading volume has recently spiked unusually. The trading value accounts for over 5% of the market cap, which isn’t common during a sideways market. Big money is definitely moving.
Second, the Fear and Greed Index is sitting at 12, indicating extreme fear. But ZEC has actually surged nearly 25% in the past week, stabilizing between $406 and $449. Historically, when prices and sentiment diverge like this, it often signals a bottom is forming.