📉 ZEC Drops Below $1,000: Is the Privacy Coin Rally Cooling Off?
Not long ago, ZEC was one of the market’s strongest performers. Now it has fallen below $1,000, down more than 20% over the past 7 days.
More interestingly, the market didn’t respond even after Grayscale just announced a $1 million investment to support the Zcash ecosystem. 👀
The bulls and bears are increasingly divided:
📈 Bullish camp: After its previous gains, a pullback is normal profit-taking, and the privacy sector still has long-term value.
📉 Cautious camp: Funds continue to flow out, and the break below $1,000 could signal that the short-term trend is weakening.
Do you think this drop is a normal correction in a strong rally, or is the privacy coin boom starting to fade?
Come to Gate Square with #ZEC跌破1000美元 to share your position changes, market outlook, or trading strategies.
💬 If ZEC climbs back above $1,000, would you consider re-entering the market or keep waiting for confirmation?

Tonight’s ETH trade did indeed hit the stop-loss, but it was only a narrow 13-point stop. Still, I felt the “warm greetings and camaraderie” from friends on this forum.
Hynix and SanDisk are both in profit so far. The profits from these two trades have not only offset the loss, but left me in profit as well. I don’t know how you trade, but you whine over the slightest loss. Do you like taking large positions without setting stop-losses? 😃😃😃
Take profit on 70% of SanDisk near 1000; protect the remaining position at cost.
For Hynix, I’m initially targeting 985. We’ll see what happens if it breaks through.
I also added to my Nvidia spot position at 153; my first take-profit target is 180. The earnings report in a few days could be bearish.

🚀 Anthropic (ANT) launches with a bang, Gate Direct IPO Phase 3 officially opens
AI giant Anthropic (ANT) has opened USDT subscription registration, with a minimum participation amount of 100 USDT.
🔥 Highlights of this subscription
▪️ Reference price: $70–78/share
▪️ Subscription amount: 100–3,000,000 USDT
▪️ Upon successful allocation, shares will be delivered directly to your Gate stock account, with no lock-up period
📅 Subscription period: November 12, 11:00 – November 17, 17:00 (UTC+8)
🤖 From Claude to enterprise-grade AI applications, which aspect of Anthropic's growth potential are you most bullish on? Will you participate in this subscription?
Bring #Gate直通IPO第三期Anthropic to Gate Square to share your views and subscription plans.
👉 Participate now:
https://www.gate.com/zh/ipos/ipo-access/anthropic-ipo-access/69
📖 Subscription rules:
https://www.gate.com/zh/announcements/article/102736