Zcash just took a serious hit – down nearly 7% to $455. What's behind this sudden drop?

Here's the thing: ZEC had an insane run, up over 1,100% in the past 90 days. That kind of parabolic move? It rarely ends quietly. Looks like profit-taking finally kicked in hard. Add a massive $6.75M whale liquidation to the mix, and you've got panic spreading fast. Regulatory uncertainty isn't helping either – traders are spooked.

The real question now: Will the $440 to $420 zone act as solid support? Or are we staring at a potential breakdown toward $300? Those levels are critical. If buyers don't step in soon, things could get messy. But if support holds, this might just be a healthy correction after that explosive rally.

Keep your eyes on the charts. Volatility like this creates both risk and opportunity.