Zcash has had one of the wildest moves of the season. After spending what felt like forever drifting near the bottom, the ZEC price suddenly surged into a massive rally that pulled the entire privacy coin sector with it.
The move was fast, aggressive, and honestly pretty shocking, unless you were one of the people who caught it early.
What you'll learn 👉
ZEC’s Parabolic Run Is Starting to Look Tired
The daily chart shared by trader DON gives a pretty honest look at what’s going on. ZEC didn’t just trend up, it went vertical.
The ZEC price pushed into the mid-$700s before sellers finally stepped in and started knocking it down. Since then, every attempt to bounce has been weaker than the last. That’s usually the first hint that we’re entering the “cooling off” part of a parabolic run.
Even now, sitting back around the $480–$500 zone, the move still looks stretched. That doesn’t mean ZEC can’t go higher someday, but it does indicate that buying at this stage isn’t the same as buying when the market was asleep a few months ago.
That’s exactly what Soul was talking about when he said “people expecting another 100x from here are getting carried away”. The ZEC price reacts differently after going vertical, and this rally was about as vertical as it gets.
Zooming Out Shows the Real ZEC Picture
The long-term chart shared by analyst Soul makes it even clearer. The ZEC price is trading at levels it hasn’t touched in years, and while breaking long-term resistance is bullish, it also creates a lot of room below for the market to retrace. That’s the kind of setup where early buyers think about taking profit, not piling in more.
Soul summed it up in the simplest possible way: take some gains, keep a core if you believe in the project, but don’t fall into the trap of thinking every rally goes on forever. Greed is what wipes people out at the top of big moves like this.
Read Also: ZEC ETF Hype Isn’t Enough: Why Zcash Still Risks a Crash to $100
Short-Term Outlook for ZEC
Zcash is still a solid project, and long-term holders might be totally fine riding this out. But for new buyers, the risk right now is much higher than the potential reward. After a 32x rally, expecting the same move again without a reset is probably unrealistic.
For the moment, the ZEC price looks like something to watch rather than chase. If the chart cools down and builds support again, the story changes. But at these levels, analysts are pretty clear: now is not the time to buy.
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