This is the 8H daily chart for ZEC. Its trend is quite clear: after peaking, it formed a triple top and then dropped, falling from 750U to around 300U before bottoming out! The privacy sector is a long-term play with demand. From the chart, there’s a chance to break the downtrend line, and it might rise to 378-390 USD (+5-7%) this week. If it breaks above the 400 USD upper channel, it could be seen as a reversal signal. If it loses the 300 USD support, it might drop further to 273 USD (-25% risk). Recommendation: If RSI < 30, consider small positions for long, with a stop loss at 280 USD. Mid-term outlook (1-3 months): Neutral to slightly bullish, with privacy upgrades being key. ZEC’s Q4 roadmap includes the NU7 upgrade and L2 privacy smart contracts, which could enhance utility (shielded adoption has already hit ATH). If regulatory risks ease (e.g., Grayscale ETF approval), the price could recover to 510 USD (+42%). However, with the current fear index at 26 (Fear), the market is in “risk-off” mode, and ZEC is easily influenced by BTC. Opportunity: Buy at support levels, target 420 USD. ZEC has strong fundamentals (PoW with a fixed supply of 21M, similar to BTC halving). Long-term (by the end of 2025) median forecast is 450-500 USD, but short-term volatility is high.