Privacy coin sector is once again stirring up waves. ZEC's recent performance is truly shocking—on the 1-hour candlestick chart, the RSI dropped to 18, marking the first time this extreme oversold condition has appeared this year.

What exactly happened? A large amount of chips suddenly flooded into the market, creating a steep "sell-off cliff." The divergence between the price and the moving averages has become absurd—such violent sell-offs are usually not a true bear market signal, but rather indicate that the bearish momentum is nearing exhaustion.

Two groups are performing a tug-of-war in the market: retail investors panic-selling to cut losses, and funds lurking at the bottom. Historical experience tells us that extreme overselling often breeds the most fierce rebounds.

The technical clues are very clear. The $449 level has now become a psychological barrier and a potential support point. Once the candle confirms not to break below it, the rebound strength could catch many off guard. The key is not to be shaken out before dawn—those investors still panicking at this moment might be missing the most violent rebound opportunity in 2026.

Keep an eye on $449, and wait for the technical signals.