To be honest, ZEC, this old privacy coin, has always been characterized by gradual growth, but now it has suddenly surged continuously, which indeed feels off. Although there have been recent positives like the launch of Zashi CrossPay, combined with the privacy coin narrative being hyped up again, such a rapid increase in price makes it hard not to suspect that the whales are intentionally creating FOMO sentiment.
Experienced players understand that what they fear most in the crypto world is this kind of sudden spike. Gradual growth builds consensus, while a sudden surge is mostly for harvesting. Entering at this position may very well mean picking up the leftovers.
ZEC does have its value, and privacy features are becoming increasingly important nowadays. But at times like this, it's essential to stay calm and not get carried away by short-term surges. If you're really going to make a move, it's best to wait for a decent correction; chasing highs right now is too risky.
Remember a phrase: The market is born in despair, rises in hesitation, and ends in carnival. Now, looking at the trend of ZEC, it seems like a time to be cautious.
