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The privacy sector has indeed been lively these days, with ZEN and ZEC both moving. But to be honest, although ZEN is rising along with the big brother ZEC, its momentum is noticeably weaker.
Tonight, something interesting happened—privacy coins collectively surged, and it seems to be related to the trouble with FLOW. I heard there was a wallet issue, and a major Asian exchange has already suspended FLOW wallet withdrawals. Once such security incidents ferment, they can easily trigger the market to reassess the entire privacy track.
From the market perspective, ZEC, an established privacy coin, is steadily maintaining a bullish trend. ZEN, although following the upward movement, still shows some relative weakness. If the privacy sector continues to strengthen, whether ZEN can break through recent resistance levels will depend on subsequent market sentiment and the specific news developments.