ZEC's Rally Might Signal Risks for Bitcoin and Ethereum

Over the past ten months, Zcash has rallied strongly while Bitcoin and Ethereum have mostly struggled. ZEC has gained 147% year-to-date, but short-term charts now point to growing selling pressure.

After such a sustained climb, ZEC traders hold profits they may try to protect if the rally loses steam.

Key Technical Hurdle for Zcash's Rally

On the hourly chart, the picture has weakened. ZEC has dipped under its short-term moving averages, indicating that buyers may be losing near-term control.

The daily chart remains more positive, however. Its relative strength index (RSI) is around 55, and the price holds above longer-term moving averages.

Major support lies near $1,249. If the price breaks and stays below that level, it could open the way to $1,131.

On the upside, reclaiming $1,354 and then $1,405 would indicate that buyers are still prepared to defend the rally.

Might Bitcoin and Ethereum Follow Zcash's Path?

Bitcoin's momentum is already softening. Trading near $76,000, its daily RSI stands around 38.5. A break below $74,845 could open the way toward $73,253.

Ethereum, trading near $2,247, is facing similar strain. Its RSI sits around 40, with support at $2,197 and resistance at $2,265.

If ZEC loses support while Bitcoin and Ethereum breach their own critical levels, it would bolster the case that selling pressure is spreading across the crypto market.

zec weakness ltf showing next direction for majors imo

has been strong but its also where most upnl is hiding

— Ansem 🐂🀄️ (@blknoiz06) November 7, 2026

Still, Zcash has its own catalyst: the major NU7 network upgrade went live this week, potentially adding coin-specific volatility.

The real question is whether ZEC's weakness spreads from the hourly timeframe to daily closes, and whether Bitcoin and Ethereum follow.