It looks as if the #ZEC price is stabilizing just above $300 and just under the upper rail of the macro, symmetrical triangle structure it traded within starting in October of 2025.
This is why identifying structure is so important! Price left this structure over a month ago and still came back to it because price never retested it!
Price wicked all the way down to the .786 fib level near $250, so quite the drop! Just have to watch and see what happens from here. I'll be looking for signs of further downside or a possible reversal.
The good news is that Zcash has now reset it's structure enough for a sustained upside move. It needs to create a solid base first and not just rocket back up. It is still possible for price to move towards liquidity at lower levels.
This is where patience is king versus always wanting to see price shoot to the moon! I absolutely hate the word "pump"!!! That's unhealthy for structure. The strongest assets are steady and methodical in their movement!
Like I said to someone in a reply, pumps don't make you wealthy, only steady, long term growth does!
I meme a lot but i actually do think this pair continues to go up, zcash currently trades at lower than 1/100th of bitcoin's total valuation w/ better quantum resistant properties while privacy is becoming a popular narrative
concerns w/ saylor as key man risk also materializing
should be closer to 1/10th valuation, which would be ~.1zec per btc