Looking at the current situation of $ZEC, it reminds me of the projects in 2018 that seemed to have good prospects, with decent technical frameworks, but their fundamentals started to fall apart.

From a candlestick perspective, $ZEC is stuck at a very critical resistance level. If it can hold steady here, there is indeed a window for a rebound, and no wonder some people are still watching it.

But the real issues are far more than just the price. The open-source nature of the ZEC protocol theoretically guarantees its vitality, but personnel changes in the core development team and shifts in development ideas raise big questions about whether it can continue to iterate and whether the ecosystem can keep up with the pace.

Honestly, trading short-term waves at this position is fine, but if you want to hold it as a long-term investment, you need to be cautious. Unless there is some dramatic reversal later, the risks are still there. Let’s keep observing whether ZEC can turn this situation around.