2026-01-08 20:34:37

ZEC took a solid 20% hit today, and honestly? That's exactly what I've been waiting for. The chart's screaming for a move down to the $300 level—could be looking at another leg down hitting by end of week. The correction was necessary, and now the setup looks cleaner. This is the kind of pullback that actually makes sense on the daily.

If you're thinking about positioning here, just remember: DYOR always, and please don't be that guy trading this with 10x leverage. Downside moves can accelerate fast, so keep your risk in check. Manage your position size and stay sharp.

ZEC-0.26%

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TheMemefather

· 21h ago

A 20% drop isn't enough; keep crashing until it hits 300, and that will be perfect. Now that's a real shakeout.

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FarmToRiches

· 21h ago

A 20% drop is just right. I've been waiting for this wave for a long time. 300 really needs to break.

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MeetFate

· 21h ago

The governance turmoil of Zcash has caused fluctuations in the market, leading to a significant drop in the token price. However, before panic spreads, there is one point to note: this sell-off may be exaggerated. Yes, internal disputes over project direction often impact sentiment and price trends. Community disagreements on key decisions bring uncertainty, and traders naturally take profits when friction occurs. However, this governance conflict does not necessarily mean a deterioration of fundamentals. Projects often cope with leadership disagreements — what matters is the speed of resolution and whether the core development roadmap remains intact. Zcash's privacy technology remains technically mature. The real issue is not whether the token can recover, but whether the governance structure is strengthened to prevent future chaos. Sometimes, the market's overreaction can present a good buying opportunity rather than a disaster.

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DAOplomacy

· 21h ago

honestly the $300 thesis is giving "historical precedent suggests" energy, but ngl the incentive structures here are... sub-optimal at best. path dependency in play, arguably.

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