$ZEC is currently navigating a complex phase where improved regulatory clarity has removed a long-standing external risk, but internal dynamics are shaping near term uncertainty. The closure of the SEC probe strengthens its legal position and reinforces the broader privacy narrative, which continues to attract attention. At the same time, weakening technicals, recent capital outflows, and the resignation of the core development team have unsettled market confidence. Taken together, ZEC reflects a market caught between structural relevance and short term fragility, making sentiment highly divided and price action sensitive to new developments.
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