ZEC at 1565 USD, do you still dare to buy?
First, look at the surface: it’s skyrocketing, but no one dares to sell.
In the past month, it surged from 470 to 1565, an increase of over 170%, weekly rise over 30%, market cap hitting 25 billion. It broke through the 2018 high, entering a price discovery phase—no trapped positions above, theoretically it can rise to any level. EMA shows bullish alignment, ADX trend strength off the charts, multi-timeframe Strong Buy. The trend is still on, but it’s overheated.
First thing: this wave isn’t hype, real money is flowing in.
Grayscale ZCSH spot ETF launched on August 25, AUM quickly rose from 500 million to 700-800 million, plus a 3-for-1 split plan. Paradigm’s Matt Huang publicly holds ZEC and has invested in ecosystem development. NU7 governance vote saw 2.4 million ZEC participation, 99.9% support cutting block time from 75 seconds to 25 seconds—privacy transaction speed tripled.
Institutional channels are open, money is pouring in.
Top VCs aren’t just watching, they’re investing real money.
Network upgrades are coming, privacy transaction experience will take off.
Second thing: privacy is being repriced.
With AI surveillance everywhere, on-chain analytics companies constantly probing your wallet, and increasingly detailed regulation—at this moment, "optional privacy" has shifted from a "geek toy" to a "must-have."
ZEC is one of the few that can achieve: dual track transparent + shielded, total supply capped at 21 million, halving mechanism exactly like BTC. Shielded pool already accounts for 30%, Ledger integration, community locked development fund with clear stance.
Third thing: a technical warning signal has appeared.
Daily RSI around 75, weekly even higher, Bollinger upper band near 1565. 4-hour chart shows bearish divergence, upward momentum slowing.
What characterizes a parabolic main wave? It rises to make you doubt reality, then a 20-40% correction makes you doubt yourself.
Upside: 1588-1633 (recent highs), breakouts target 1800, 1865, 2000.
First support: 1500-1518.
Strong support: 1400-1420, 1375.
Lifeline: 1330, breaking it damages the main wave structure.
1565 is not a "blind buy" spot, it’s a battleground of "expensive but can still get more expensive."
Bull vs. bear, you decide.
On one side:
ETF keeps attracting funds, AUM from 500 million to 800 million.
Paradigm publicly holds + invests in ecosystem.
NU7 upgrade mainnet in November, speed triples.
Shielded pool 30%, privacy must-have repriced.
Halving cycle ongoing, supply keeps shrinking.
On the other side:
RSI 75, daily and weekly overbought.
170% rise in one month, profit-taking could dump anytime.
Weekend liquidity thin, high risk of spikes.
Good news priced in, realization is bad news.
Break 1330, main wave ends.
Trading strategy
Bullish bias:
Wait for pullback to 1518-1500 or 1400-1420 to stabilize (long lower shadow + volume rebound), buy in batches. Stop loss at 1375 or 5-8% below entry. Target 1588-1630, breakouts target 1800. Reduce half position at first target.
Bearish bias:
At 1588-1600 stagnation, long upper shadow, 4H bearish divergence, light short trial. Stop loss must be above 1630, targets 1518, 1420.
Watch NU7 final decision on October 20.
Break 1330 with volume, confirm main wave end.
ZEC now is like Bitcoin in 2020—
Everyone thought "privacy coins are dead," but once ETF launched, institutions bought heavily.
But remember: after a 170% rise, what you need is patience, not FOMO.
At 1565, do you dare to chase or wait for a pullback?
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