The strong performance of ZEC in this round has indeed attracted a lot of attention. From a technical perspective, this rally is expected to challenge the key resistance at around 560, after which a profit-taking phase is likely to follow. Interestingly, the price drivers for both ZEC and BCH are not complicated—they are closely related to the sales cycle of mining machines.

Taking Bitmain's Z15 Pro miner as an example, before the new mining machines are launched, these two coins often experience a surge in price. This is a routine move by mining companies to stimulate demand. Once the mining machines are sold out and the companies start to realize profits, the coin prices usually adjust accordingly.

From a trading perspective, if you are bearish on this rally, strategy is crucial. Some traders short near 550, allocating only 20% of their total position (100,000 USD out of a 500,000 USD position), using 1x leverage. This way, they can participate in the pullback while keeping risk under control. The expectation is that this correction will trigger around 560, with a target to retest around 510, which would be an appropriate profit-taking point.

The lesson is, don’t chase the highs at historical peaks. Once mining companies start to withdraw their investments, retail investors who buy in later are easily trapped. These mining coins have strong cyclical patterns; understanding the underlying business logic makes trading much clearer.