Benking on Nostr: CryptoQuant says Zcash may once again be flashing a warning signal for #Bitcoin ...

CryptoQuant says Zcash may once again be flashing a warning signal for #Bitcoin

Historically, strong ZEC pumps often appeared near major BTC turning points, either when the market was overheating or recovering from deep capitulation.

Now the Zcash Risk Indicator has entered the red zone again, suggesting elevated volatility and a possible trend reversal ahead.

It doesn’t necessarily mean #Bitcoin is about to crash, but traders are watching closely because ZEC has repeatedly acted like a strange “canary in the coal mine” for crypto sentiment.

When old privacy coins suddenly wake up, the market usually gets interesting.