{"content":"✅ What’s going on $ZEC has surged by more than 50% over the past week, climbing above $350. A key driver is the increase in “shielded” supply, which now amounts to roughly 4.5 million ZEC (approximately 28% of the total supply) held in ZEC’s privacy-enhanced shielded addresses. The narrative: Rising interest in privacy coins (amid regulatory and surveillance concerns) and ZEC positioning as a top privacy asset. Key resistance zone: $370-$400; if cleared, analysts suggest a path toward $450-$500. Speculative element alert: Open interest and short positions are elevated, meaning a breakout could trigger a short squeeze. ⚠️ What to watch for (risks) Heavy reliance on momentum: While fundamentals (shielded usage) are improving, it’s still early in terms of institutional adoption. Privacy coins such as ZEC and $XMR are under extra regulatory scrutiny. Any negative regulatory shift could have a significant impact on ZEC. Technical risk: A failure to clear $400 could result in a retracement back toward $300 or even lower. Liquidity and volume: Spot volume remains modest compared to futures and derivatives, which can amplify volatility. 🧭 Final takeaway If you believe the privacy coin narrative is gaining real traction and want to include ZEC in your watchlist or portfolio, this setup is particularly interesting, featuring rising utility (shielding), technical breakout potential, and thematic relevance. On the flip side: high risk, high volatility, and momentum-driven for now, so position size and timing matter.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/31/378c984c02a43118094852e7a1686078.png"],"tags":[],"tradingPairs":["ZEC/USDT"],"quotearticleid":0}