#ZEC今日行情 $ZEC Recently, there has indeed been a strong rebound trend. At the beginning of December, it rebounded from a low of around $300, and as of December 12, 2025, at 3:49 AM, its price reached $461.92, with a 24-hour increase of 7.50% and a 7-day increase of 27.52%. This rebound is driven by multiple factors, and the subsequent trends present both opportunities and risks:
1. Core drivers of the rebound: On one hand, the launch of the privacy phone service Phreeli, developed by Zcash co-founder, has increased market attention towards zero-knowledge proof technology. Additionally, it will participate in SEC roundtable discussions on related technologies, which is beneficial for ZEC. On the other hand, in mid-November, ZEC completed its halving, and coupled with the previous transition to proof of stake, its deflationary model and network stability have attracted institutional interest. Grayscale Zcash Trust manages $151 million in related assets. Meanwhile, large whale accounts have increased their holdings by over $100 million during this period, providing support for the rebound.
2. Technical performance: Currently, ZEC's price is above the 50-day and 200-day exponential moving averages, indicating that it is still in an upward trend in the medium term. The RSI indicator previously broke above the neutral level of 50. Although it was slightly overbought at one point, it is currently in a relatively healthy range. However, the MACD indicator has shown some selling pressure, indicating volatility in short-term upward momentum.
3. Future trend prediction: On the upside, if it can break through the key resistance level of $442 and hold above it, it is expected to move towards the $480 - $500 range. On the downside, if it cannot withstand the pressure, it may fall back to $403, and in extreme cases, it could drop to $340. Moreover, it is negatively correlated with BTC; if BTC continues to rise, it may limit ZEC's upward momentum. There is also a risk of downward movement due to a bearish flag pattern, necessitating caution for short-term corrections.
