
We’ve seen a significant shift in $ZEC’s cycle, and it goes beyond breaking the previous highs. After Bitcoin bottomed in 2018 and 2022, Zcash took another 455 and 588 days to reach its own low. It kept weakening long after BTC had started recovering. This time, ZEC’s correction low came 147 days before Bitcoin’s June low. Nearly five months earlier, with the recovery already underway while Bitcoin was still finding its bottom. It then went on to exceed the 2021 and January 2018 highs. So we have an earlier recovery, stronger performance against Bitcoin, and a break above the highs that previous recoveries couldn’t reach. Years of failed breakouts make it understandable to question whether this one will last. Fair enough. But expecting the same outcome after such a different recovery is a pretty big assumption. I think we’re going to see a very different Zcash this cycle.

