Zcash Jumps 30% on Ceasefire Hype, But a Bear Trap Could Follow
Zcash Surges 30% on US-Iran Ceasefire Hype—Bull Trap Ahead? Zcash (ZEC) rocketed 30% as markets cheered a US-Iran ceasefire, leading privacy coins in a sudden rally. But this bounce mirrors shaky 2021 bear market patterns, hinting at a potential 40% plunge soon. Investors chasing the hype face a classic trap: short-term euphoria masking deeper downside…
