ZEC's recent trend warrants caution. This asset currently signals a clear bearish outlook and is very likely to enter a downward channel.

From a technical perspective, ZEC has failed to rebound after breaking through a key support level, which is a negative sign. The MACD and RSI indicators are telling the same story—selling pressure is clearly increasing, indicating that chips are shifting, and the probability of further price decline is quite high.

What's more troubling is that the entire crypto market is now in a correction phase, risk sentiment is rising, and safe-haven funds are fleeing risk assets. In this environment, the downward pressure on ZEC will only intensify. Market uncertainty is increasing, while ZEC's upward momentum is weakening—this is a very dangerous signal.

At this stage, a bearish approach may be the more prudent choice. Seizing this downward opportunity and locking in profits in time is much wiser than blindly expecting a rally.