Zcash recently almost fell victim to a bearish head and shoulders pattern, with a decline of nearly 34%. Fortunately, a strong buying wave emerged around $359, just enough to stabilize the situation. Interestingly, whales have recently increased their holdings, with a short-term increase of 12.65%, which sends some confidence signals. But there are also issues—buying momentum in the spot market is clearly insufficient, and trading activity is declining. Looking ahead, the price must stay above $335 to maintain the upward trend. If it breaks below this line, downward pressure could directly target the $250 level, and the risk is worth noting.