#数字资产市场动态 ⚠️ The Great Shift in the Era of Privacy Coins

ZEC's recent surge has certainly caught attention, but from a technical perspective, it has already entered an overbought zone. A sharp rise often comes with the risk of chip loosening—that's the market's old trick.

More importantly, the "privacy expert" narrative that ZEC relies on for survival is being eroded. In the upcoming major protocol upgrade on Ethereum, privacy features will be significantly enhanced. When ETH itself can offer private transaction experiences, the moat for dedicated privacy coins becomes less solid. Smart money in the market is re-evaluating this logic.

Rather than chasing a declining narrative, it's better to broaden your perspective. $ETH , as the foundation of the entire ecosystem, remains the most stable anchor in this cycle. Its strength or weakness directly determines the ceiling of all assets within the ecosystem.

Speaking of resilient opportunities—early small-cap assets within the ecosystem are worth paying attention to. For example, several projects recently gaining community popularity often carry the purest cultural consensus. Relying on ETH's strong liquidity and user base, these assets usually go through a period of silence before suddenly gaining attention. This tests both vision and sensitivity to community pulse. $FLOW is also part of this logic.

💡 Core insight: Don't obsess over overhyped sectors. Maintain conviction in pillar assets like ETH, while capturing turning points in early growth narratives. Making money in a bull market depends on cycle judgment; making big money depends on cognitive iteration.