Hazzar

$ZEC recently faced strong selling pressure after a critical Orchard vulnerability was disclosed, causing a sharp correction. However, developers quickly patched the issue and announced the Ironwood upgrade, helping restore market confidence.

Price is currently trading near a major decision zone. Analysts are watching the $540-$563 resistance area closely. A breakout above this zone could open the path toward $600+.

Key support remains around $500-$540. Losing this area could trigger a deeper pullback toward lower support levels.

Long-term sentiment remains positive due to Zcash's privacy narrative and renewed institutional interest, but short-term volatility is still high. #UpdateAlert #cryptooinsigts #MayCoreCPISofterThanForecastTreasuriesRise

$BTC is trading around the low-$60,000 range after a sharp correction from its 2025 all-time high above $120,000. Recent selling pressure has been driven by weaker investor sentiment, reduced expectations for interest-rate cuts, and capital rotating into AI-related stocks and major upcoming IPOs.
Barron's +1

Technical Outlook

Key support: $60,000–$61,000
Major support: $57,000
Resistance: $66,000–$70,000
Trend: Bearish in the short term, but still neutral-to-bullish for long-term investors if major support levels hold.
What Traders Are Watching
Bitcoin's ability to stay above the $60K support zone.
U.S. Federal Reserve policy and interest-rate expectations.
ETF flows and institutional demand.
Competition for investor capital from AI and technology sectors.
#USCPISurgesToThreeYearHighOf4.2% #USMayCoreInflationBelowForecast #OilVolatilityReturnsToPreIranWarLevels