ZEC's recent rally is not without signs.

As the leader in the privacy coin sector, recent positive news has indeed provided opportunities for major players to speculate. After the release of a related report by Messari, market sentiment was quickly ignited, and coupled with the price finding support at the key level of $400, a noticeable rebound followed.

From a technical perspective, the current position has already attracted the attention of many traders. Some traders have chosen to take profits and close long positions at this stage, believing that the risk of short-term price spikes is relatively high. There is indeed little need to chase longs from this price level upward—it's better to wait for clearer breakout signals.

Next, the market may experience a high-level pullback, and that could present more attractive shorting opportunities. The volatility in the privacy coin sector has always been high, so maintaining good rhythm is key.