Zcash (ZEC)

Major buys on-chain in the last 24 hours A wallet bought $359.47k worth of $zec wallet: 2UAeWoJ9ZTv6KDk1j8kNmRsG3yKq4cGSdip459GMR6Ho A wallet bought $91k worth of #2z wallet: QM3ACFu3VD9N6z6dmBseezxrNRP1T4MruGhpJX8B3nC A wallet bought $43.88k worth of $avici wallet:A1RmrB86Fq86xDC6N3JkatgGA2Qa7XqiFQzWWnh4vZXV A wallet $42.56k worth of $hype wallet: 2UAeWoJ9ZTv6KDk1j8kNmRsG3yKq4cGSdip459GMR6Ho

My base case on #ZEC is a larger fakeout before the real move. The structure is compressing inside a macro triangle, and markets often sweep liquidity both directions before choosing a path. The current move is a bit early to be leaving a falling wedge. Two scenarios from here: Bullish: - Price accepts above ~238–240 - Builds structure above resistance - Opens the door toward 250–270+ Bearish: - This push becomes a bull trap - Price falls back inside the wedge - Liquidity sweep below the triangle toward the 170 area Compression like this usually resolves with a violent move. I'll be watching acceptance vs rejection at resistance.

Riding the upwards momentum Were cooking $ZEC https://t.co/kyK6pNp5sY

9 deals YTD 2026 for @cbventures Everyone is retreating, cbventure doubling down. https://t.co/aJCNLT5QEh

TP triggers hit on $ZEC ⚡️✅ https://t.co/9dtashlUEr

Umbra https://t.co/K6vBEKxnAW

This chart highlights something important about #ZEC. Over the past year: - Shielded pool supply has steadily increased - Macro price has trended down/sideways - Volume has declined If shielded pool growth directly created buying pressure, price and volume should be rising with it. They aren’t. Shielding activity is a privacy usage metric, not a price driver. Price is determined by order flow on exchanges. The increasing shielded pool is the narrative, chart structure is the evidence. Structure over narratives:)

Here's a simple trick I use when reading #ZEC price action. Look at the body of the last strong green candle before a rejection. That candle often represents where large sell orders absorbed buyers. When price returns, it frequently stalls inside that candle body because: • sellers defend the zone • trapped buyers exit at breakeven • remaining liquidity gets filled The red box shows that supply zone.