Zcash fixes critical Orchard bug

May 29, Zcash patched a critical soundness bug in Orchard shielded pool via emergency soft fork at block 3,363,426 and hard fork NU6.2 at block 3,364,600. No funds lost, privacy intact.

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I'm watching the bar count of the right shoulder for #ZEC to see if price action does the same thing it did on the left shoulder. At eight bars from the high, on the 4H chart, is when price really started to push lower on the left shoulder. The right shoulder is currently at a count of five from the high. You should always look for this type of symmetry to determine a possible time frame for a move. If this balance holds true, we should see price start to push down Thursday into Friday.

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The market gave us a clear reminder today. $BTC dropped. $ETH followed. Yet $ZIG printed strength when most assets were bleeding. That's the difference between trading a narrative and building one. While attention remains focused on short-term volatility,@ZIGChain continues to develop the foundations that matter: • Growing ecosystem participation • Increasing capital efficiency • Institutional onboarding • Revenue-backed buybacks • Expanding real-world utility The chart is only showing the result. The real story is what's happening underneath. When an asset starts diverging from the broader market, it's usually worth asking why. July is getting closer. 👀

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salvium:native $ZEC Mega uber bullish on Salvium, the narrative to pivot to privacy and a compliant blockchain technology is needed and being developed.

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Looks like $zec thesis got front ran. I think momentum alone can take this thing much higher 1.2k seems like a reasonable first target. There will be a point at which ZEC flipping BTC becomes a serious conversation, which is when you want to dump it all.