2025-12-28 01:20:32

#比特币与黄金战争 $ZEC suddenly rebounded 17%, while $ZEN and $DASH are falling sharply—Is this a real rebound for privacy coins or just a fleeting moment?

Recently, the privacy coin circle has been quite lively. While the entire market was struggling, ZEC managed to pull itself up, with a 24-hour increase of 14.36%, now priced at $512.25, with a market cap reaching $8.465 billion. But looking back at the other two members of the "Privacy Coin Trio"—SCRT and DASH—they are in a worse state, down 4.4% and 3.3% respectively. It seems larger-cap coins still attract more attention.

But the story behind this isn’t that simple.

Interestingly, privacy coins were leading the rally last month. How quickly the situation has reversed. The whole market has fallen about 2.5%, but privacy coins, as smaller tokens, are more volatile. Trading volumes are shrinking, and funds are on the sidelines—that’s the current state. There are three main issues weighing on privacy coins:

**First is the regulatory trend.** New crypto regulations proposed in the US and updated anti-money laundering rules in the EU are targeting privacy features, making projects and investors nervous.

**Second is the technical weakness across the board.** SCRT has fallen over 31% this month with significantly reduced trading volume; ZEC was hit with $1.44 million in long liquidations at a key price level; DASH also failed to hold an important support. RSI indicates oversold conditions, but no one dares to buy the dip, everyone is waiting.

**Third is capital rotation.** Bitcoin’s dominance has risen to 59%, and the Fear & Greed Index is only 29, indicating the market is still quite fearful. Funds are flowing into mainstream coins, and the privacy narrative is temporarily out of favor.

Can ZEC make a full comeback to the historic high of $5900? Honestly, it depends on a few conditions: the overall privacy sector needs to warm up, the market needs to stabilize, and regulatory pressure needs to ease. This recent countertrend rally does show some funds are paying attention to ZEC, but whether it can sustain in the short term depends on whether Bitcoin can truly stabilize. Under regulatory pressure, the rebound path for privacy coins will definitely be more turbulent than other sectors.

BTC0.18%

ZEC6.58%

DASH8.43%

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NoodlesOrTokens

· 8h ago

Fleeting moment, wake up brother, this is just capital rotation --- ZEC rebound? Wait and see, regulatory pressure hasn't eased --- SCRT down 31% and no one is buying the dip, what does that mean? --- Bitcoin dominance at 59%, privacy coins are cooling off, no chance this round --- $5900? Dream on, first survive the regulatory hurdle --- Funds are flowing into mainstream coins, small-cap tokens are just leek fields --- Rebound or repeated decline? You'll know by looking at the subsequent trend --- Privacy narrative falling out of favor, it's hard to say how long ZEC can hold up in this wave

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YieldFarmRefugee

· 8h ago

ZEC's rebound looks quite impressive, but it feels like funds are just playing guerrilla tactics. Who would dare to hold a heavy position with regulatory swords hanging overhead? Yesterday I was thinking, is the privacy coin sector gradually being demonized? Every time it rises, it gets targeted. Why are DASH and SCRT so miserable? They should be rising along with others... It seems privacy coins are also starting to differentiate. That high level at 5900? We'll probably have to wait forever haha.

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IronHeadMiner

· 8h ago

This rebound really requires caution. ZEC is pushing up, but other privacy coins are stubbornly unmoving. It's obvious someone is dumping and washing out the market.

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CryptoSurvivor

· 8h ago

ZEC's recent rebound is really a gamble on regulatory trends. I dare not chase it. DASH has fallen so much; the privacy coin narrative is completely cooled off. All the money has flowed into BTC; small coins are just a foil. $5900? Dream on. You have to wait for the big boys to turn around. Once regulation tightens, privacy coins become hot potatoes.

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BoredRiceBall

· 8h ago

Is this another rebound to harvest retail investors again? I can only say haha. This wave of ZEC's rise is probably being manipulated; all other privacy coins are in the red. Regulators have a sword to their necks, and they still dare to buy the dip? Truly brave. To put it simply, it's just capital rotation; the hype comes quickly and goes just as fast. Let's wait until Bitcoin truly stabilizes before talking. It's a bit risky to enter privacy coins now.

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AlphaBrain

· 8h ago

A fleeting moment, ZEC this wave is just a bottom-fishing smoke screen. Once regulation tightens, it'll have to kneel.

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