The post 3 Reasons the Breakout Still Hasn’t Happened appeared on BitcoinEthereumNews.com.

The Zcash price has spent months moving sideways, frustrating both bulls and bears. Despite periodic rallies and steady whale accumulation, ZEC remains trapped in a tightening range. This is not a lack of interest problem. It is a timing and a Bitcoin problem. Plus, technical compression, mixed on-chain signals, and weakening sentiment are all pulling the price in opposite directions. Here is why the Zcash breakout keeps getting delayed. Sponsored Sponsored Symmetrical Triangle Shows a Technical and On-Chain Tug-of-War Zcash has been trading inside a symmetrical triangle since mid-October. This pattern forms when the price makes lower highs and higher lows at the same time. It reflects indecision. Buyers and sellers are active, but neither side has enough control to force a breakout or breakdown. Each time ZEC approaches the upper trendline, sellers step in. Each time it dips toward the lower trendline, buyers return. This tug-of-war has repeated for weeks, keeping the ZEC price compressed. Bull–bear power (BBP) helps explain this behavior. Bull–bear power measures which side controls momentum. When Zcash recently tested the upper boundary of the triangle, bulls briefly took control. However, the latest BBP candles show bear pressure rising again, flipping momentum back toward sellers. This mirrors what happened in early December, when a potential downside break was avoided after bulls briefly regained control. Zcash Triangle Formation: TradingView Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. On-chain data tells the same tug-of-war story. Mega whale wallets increased their Zcash holdings by about 21% over the past seven days. Their total balance now sits near 38,626 ZEC. At the current price, that equals roughly $3.3 million in net accumulation. Whales And Retail: Nansen Sponsored Sponsored But this buying has been offset by retail behavior. Exchange inflows rose by about 78%, showing…

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Filed under: News - @ January 7, 2026 8:25 pm