$423 ZEC, are you still waiting for "security confirmation"?

First look at the surface: everyone is waiting for a pullback, but the price keeps rising.

It has increased 18% in the past week, and although the monthly chart is still down 20%, it has doubled since the March low of $200. The 24-hour trading volume is $480 million, far exceeding the historical average. The candlestick chart shows: weekly bullish alignment, MACD turning positive, and the cup-and-handle pattern is about to complete. Are you still waiting below $400? Will the main players let you buy in?

First thing: the vulnerability that caused ZEC to plummet 50% has been completely fixed.

Remember the Orchard shielded pool forgery coin vulnerability? ZEC collapsed 50% in a single day, and the whole network was shouting "privacy coins are finished."

Now, Mythos AI from Anthropic has completed a comprehensive audit, with no new serious vulnerabilities found.

Moreover, developers are not only fixing bugs but also activating the Ironwood upgrade by the end of July—introducing a brand new privacy pool + an auditable supply mechanism.

Second thing: the regulatory sword has been temporarily sheathed.

The EU confirmed that Zcash is not banned. The SEC's previous investigation ended with "no enforcement action." Arthur Hayes reduced his holdings? That’s his own business; ZEC’s fundamentals remain unchanged.

More importantly—NEAR chain natively supports ZEC.

Third thing: technical signals show a classic "bear turning into bull" pattern.

On the weekly chart, ZEC rebounded sharply from $200 in a V-shape, breaking through all moving averages with increased volume.

Trading volume surged from a few tens of millions daily to $480 million, a volume that retail investors can't generate alone.

The cup-and-handle pattern is forming, with a target directly at $550–$650.

And—Ironwood upgrade is scheduled for the end of July, with a full month and a half window.

Bull-bear showdown, see for yourself:

One side:

Anthropic audit passed, major technical risks eliminated

Ironwood upgrade activated by end of July, with auditable supply + privacy pool migration

Trading volume skyrocketed to $480 million, funds entering the market

NEAR integration, cross-chain adoption underway

Weekly bullish alignment, cup-and-handle target over $550+

The other side:

Long-term shadow of privacy coin regulation still looms

Rapid short-term rise, possible pullback to $400

BTC still oscillating around $64k, market not cooperating

Historical vulnerabilities once shattered confidence; recovery takes time

Key level at $423, just $27 away from the critical $450 line.

Resistance above: $450 → $500–$520 → $550–$600

Support below: $410–$400 → $370–$380

Short-term traders:

Wait for a pullback to $410–$420 to buy in gradually, stop-loss at $395. First target: sell half at $450–$480, second target: sell 30% at $520–$550, keep some for the upgrade.

Swing traders:

Hold steady if you’ve already bought in, don’t get shaken out. If you haven’t, $410–$420 is your last comfortable entry point. Stop-loss at $395, target $520–$550. If it stabilizes above $500 before the end of July upgrade, add positions for a look at $600+.

Long-term believers:

Invest blindly below $400. Privacy needs are a necessity; ZEC is the leader in compliant privacy solutions. End-of-2026 target: $800–$1000, betting on the global rigid demand for on-chain privacy + Ironwood upgrade to open institutional adoption.

ZEC right now is like SOL in 2024—

99% of people think "privacy coins are under regulatory scrutiny, no hope," but once the technology is implemented, it jumps directly from $200 to $400.

It’s not that ZEC can’t succeed, it’s that you don’t dare to believe. #我的Gate交易时刻 #TradFiCFD黄金大师赛 #Marvell大涨超11%领涨芯片板块 $BTC $SOL $ZEC