ZEC is going crazy! Is the privacy sector, which had been dormant for years, finally heating up again?

ZEC has broken through $1,200. The biggest highlight is actually not just the price, but that the market has started paying attention again to “privacy,” a crypto narrative that was once neglected.
As a veteran representative of privacy coins, Zcash has recently hit new highs repeatedly, with its market capitalization re-entering the ranks of the top assets in the crypto market. Since early September, ZEC’s gains have been astonishing, clearly outperforming many major assets over the same period.
Why has it suddenly become hot?
On the one hand, overall market risk appetite has recovered; on the other hand, ETF inflows, short-position closures, and renewed attention to the privacy sector have all driven funds toward ZEC. ZEC short liquidations have been particularly notable recently, further accelerating the rally.
But we should also remain calm here.
The renewed momentum behind the privacy narrative is positive, but ZEC’s short-term gains have already been substantial. The faster the rise, the larger the profits held by existing buyers, and the more volatile the subsequent moves may naturally become.
So I am more focused on whether $1,200 can shift from a “breakout level” into a “support level.”
If it can hold, the privacy sector may see a longer-lasting rally; if it fails to hold, the market could quickly enter a profit-taking phase.
The story is sexy, but position sizing still needs to remain rational.#ZEC突破1200美元续刷新高