Time to Sell Zcash? This Crypto Trader Dumps ZEC At the Top

A well-known crypto analyst has just taken profits on Zcash (ZEC) after its impressive climb toward all-time highs. The move comes after a week of strong price action that pushed ZEC into one of its most important resistance zones. While the analyst still believes a breakout could happen later, his decision highlights how overheated some altcoin charts have become following the recent market rally.

At the same time, Bitcoin Hyper ($HYPER) has raised over $25 million raised in presale. This new crypto project brings Solana-level speed and scalability to the Bitcoin ecosystem.

Zcash Price Faces Resistance Near the All-Time High

In a post shared on X, Altcoin Sherpa explained that he has a small position in ZEC but is “thinking about just cutting it.” He noted that he’s not comfortable buying right at the ATH region, despite liking how well the coin has consolidated since the move began.

The chart shows ZEC trading between $345 and $375, with its all-time high resistance sitting just above that upper boundary. After a steep rally from around the $300 range, the ZEC price started to form a sideways pattern – holding strong but failing to make a clear breakout. Sherpa commented that it’s a question of individual risk tolerance, as traders have to decide whether to hold through a possible pullback or take profits while momentum slows.

Source: X/@AltcoinSherpa

The ZEC price action indicates that support at $345 is now the key level to watch. As long as it holds, the overall structure remains bullish. However, volume has cooled off, signaling that buyers might be running out of short-term strength. A clean break above $375 could confirm continuation toward new highs, but a rejection might pull the price back to the mid-$300s before another attempt.

The analyst’s comments reflect a cautious tone – not bearish, but realistic about how quickly prices can reverse near major resistance. For many traders, taking partial profits here could be a disciplined move while still keeping exposure to a longer-term breakout.

Bitcoin Hyper Raises Over $25 Million in Presale

So, traders are taking profits on Zcash, but new capital is flowing into Bitcoin Hyper, a Bitcoin Layer-2 project that has already raised more than $25 million in its ongoing presale. The milestone positions it as one of the most successful early-stage crypto raises of the year so far.

Bitcoin Hyper is a Layer-2 blockchain built to scale Bitcoin by integrating the Solana Virtual Machine (SVM). This gives Bitcoin the speed and flexibility it has long lacked – enabling faster and cheaper transactions, smart contracts, and decentralized applications (dApps). Users can bridge their BTC onto the Layer-2 network, where it’s wrapped and transacted using proof-of-stake validation for better efficiency.

Visit Bitcoin Hyper Presale Today

Its native token, $HYPER, powers the ecosystem – covering transaction fees, staking, governance, and premium network functions. Developers can build NFTs, DeFi platforms, and gaming projects with Solana-like performance while still benefiting from Bitcoin’s security.

This mix of Bitcoin’s reliability with Solana’s throughput gives Bitcoin Hyper a clear use case in a market increasingly focused on interoperability. The presale momentum reflects growing interest in Bitcoin Layer-2 solutions that go beyond payments and bring real utility to the Bitcoin network.

With over $25 million already secured, Bitcoin Hyper has proven that investor interest in scaling solutions remains strong, especially those bridging performance and decentralization. If it maintains this pace, the project could become one of the standout launches in 2025.

Read also: “I Bought $250,000 Worth of XRP” – Analyst Explains His Bold XRP Bet as Bitcoin Hyper Hits $25M

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