2026-01-11 14:23:08

ZEC is indeed an interesting asset.

Looking back at the evolution of the crypto industry over the years, there's a rather ironic phenomenon: the industry that initially advocated decentralization is gradually moving towards centralization. The reason is straightforward—everyone is actively seeking regulation, compliance, and recognition to survive better.

Where is this reflected? BTC is included in investment portfolios by traditional financial institutions through ETFs; Ethereum actively abandons its PoW mining coin status in favor of PoS; stablecoin issuers are rushing to embrace regulatory frameworks; mainstream altcoins are also lining up to push for ETFs to survive; many blockchain companies and venture capitalists are trying every means to go public on the US stock market.

On one side, the embrace of centralization is becoming warmer, while on the other side, the market's hunger for decentralized application scenarios is becoming more apparent. This dislocation creates opportunities for certain tokens.

The reason ZEC has recently been shining so brightly is that the narrative of decentralized privacy has long been neglected, lacking new stories and fresh imagination, which makes it stand out even more. Especially after a recent surge, the market seems to have discovered a new hope in the decentralized privacy track. A few days ago, a post about ZEC gained quite a bit of attention, with many asking whether to go long or short. From a technical perspective, I might as well analyze this question from a bullish viewpoint.

First, look at ZEC's recent decline. The drop exceeded 30%, but it has now stabilized at a key support level, which is actually a good sign. Because the decline has been deep enough, it’s not easy to find high-probability shorting opportunities from a technical standpoint in the short term. Recklessly shorting at this level could result in unfavorable risk-reward or even liquidation.

Looking at smaller timeframes, on the 1-hour chart, you can observe that the price temporarily broke through previous resistance in the red zone. These detailed signals can help us find better entry points and stop-loss placements.

ZEC3,07%

BTC1,63%

ETH0,67%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

17 Likes

Reward
17
6
Repost
Share

Comment

0/400

SleepyValidator

· 10h ago

Ha, this analysis is spot on. I really like this kind of contrasting narrative. Suddenly I understand why privacy coins being neglected for so long has actually become an opportunity. A 30% decline holding steady at the support level, it's indeed hard to short. Did you mark all the details on the 1-hour chart? I want to take a look. Will ZEC this time be just a flash in the pan again? Centralization embraces regulation, while decentralization is becoming scarce. I buy into this logic. Oh my, are there still people willing to short at this position? It’s going to explode directly. Wait, are you saying this is the bottom? Honestly, the privacy track has been forgotten for so long, maybe it really has some potential.

View OriginalReply0

NFTRegretful

· 01-11 14:50

Honestly, this logic is a bit extreme; decentralization has become a scarce commodity. ZEC really hit the right point this time; niche projects are becoming popular. It has dropped 30% but still stands firm at the support level; this detail is interesting. The 1-hour breakout looks pretty good; just waiting for subsequent confirmation. Shorting at this position is indeed risky; I've heard too many stories of liquidation. The privacy track has been forgotten for so long; now you remember? The market response is a bit slow. Once it stabilizes at the support level, it's time for a small test; stop playing the short game. This chain of logic makes sense, but it still depends on whether the trading volume can keep up. The irony is that the truly decentralized projects are the ones no one wants; everyone is lining up to go public. ZEC's privacy hype from back then is now hot again; the cycle really is complete.

View OriginalReply0

YieldFarmRefugee

· 01-11 14:50

That's a valid point. The privacy narrative has indeed been buried for too long. The recent rise of ZEC is a sign of discovering value, but if you want to trade, you should pay attention to support levels and avoid chasing highs. The 30% decline has been fully absorbed. In the short term, there really aren't many opportunities for the bears. Honestly, the risk-to-reward ratio is quite poor.

View OriginalReply0

AirdropJunkie

· 01-11 14:38

Sarcasm is sarcasm, but this is the reality. Who doesn't want to live more comfortably? This wave of ZEC is indeed interesting. The privacy narrative has been neglected for so long that it has become an opportunity, which makes sense logically. A 30% decline has stabilized at the support level. The technical aspect is indeed good, but it still depends on whether it can break through the resistance later. The 1-hour detail is very critical. The risk of a short position at this level is indeed high. I tend to be bullish, but strict stop-losses are necessary. Decentralization and privacy will always have demand. ZEC has finally been remembered; the days of lacking a story should come to an end.

View OriginalReply0

CantAffordPancake

· 01-11 14:29

It's indeed ironic, but isn't it more exciting to make money while alive? ZEC's recent surge is a bit outrageous, but I'm still a little scared. Dare to say there's a bullish opportunity with a 30% drop? I can't quite grasp that logic. Wait, are you saying there's still hope in the privacy coin sector? If the support level holds, can I get in? How is the risk being managed? You explain the technical aspects so thoroughly, but what about the market risk factors, everyone? It feels like everyone is betting on ZEC making a comeback; isn't the concentration too high? Looking at it from a bullish perspective, there's already a bias, think in the opposite way. Breaking the 1-hour chart support and still daring to chase? I'll wait and see. Can this time really be different? Feels like just another hype cycle based on concepts.

View OriginalReply0

LiquidationWatcher

· 01-11 14:23

There's nothing wrong with that; privacy coins have indeed been forgotten for too long. Ironically, everyone wants decentralization but still fawns over centralization, making ZEC stand out as a shining exception. A 30% drop and still holding steady? It depends on whether it can break through that old resistance line; otherwise, it's still the fate of the retail investors. Is a break on the 1-hour chart conclusive? I think we need to watch a few more times to tell the real from the fake.

View OriginalReply0