Two days ago, I saw someone sharing a screenshot on their social media circle showing explosive gains from $ZEC , but today when I woke up, the entire development team had vanished.

This is the crypto world—overnight from heaven to hell.

To be honest, after all these years of trading, I've seen all kinds of black swan events, but a complete team exodus is something I've never encountered before. It's like you're driving on a highway and suddenly the driver jumps out—no one's steering the wheel.

ZEC dropped 18.5% in one day. I carefully reviewed the technical charts, and RSI has fallen below 30, clearly oversold. Normally, a rebound should follow, but the problem is: who's willing to take the risk now? The development team has fled—does this coin even have a future?

ZEC has fallen from over $500 to $397 today. Those who chased in at the top are probably wishing they could die. I saw someone say, "I just wanted to buy a privacy coin, how did I end up with an orphan coin?"

That said, this sharp drop actually reminds me of an old saying: crisis is opportunity.

If you ask me if now is a good time to buy the bottom, I can only say it's like dancing on a knife's edge. The support level is at $381. If that breaks, it's true free fall. But if it holds, a rebound to $415 isn't impossible.

The key point is that the privacy coin sector itself is solid, and ZEC's technology is genuinely impressive. The real issue is governance—basically, a people problem. Human issues are often harder to solve than technical ones, but they're also more prone to market overreaction.

If you're risk-tolerant, you might consider a small position around $400, with a stop-loss at $381. If you're conservative, just keep watching and wait for the panic to subside.

In the crypto world, just surviving is already winning half the battle. Those who successfully bottom-fished during panic aren't necessarily smarter—they're just fearful when others are greedy and greedy when others are fearful.

But no matter what, never go all-in.