Spot accumulation strengthens the case

Spot accumulation strengthens the case

Beyond derivatives, on-chain data revealed rising Spot accumulation.

The Accumulation/Distribution (A/D) Line climbed steadily to 5.33 million, signaling consistent buying pressure. Large volumes were added near daily highs, implying active institutional or whale accumulation.

In fact, Sequential Pattern Strength has held positive for three consecutive weeks, supporting the argument that the current rally is demand-driven, not speculative.

If these trends hold, ZEC could retest $698 and push toward $803. However, if excessive leverage triggers liquidations, the token might revisit $480 before finding new support