A perfect equal-legs reaction at Wave ((Y)) sparked a 9000% surge in Zcash. This powerful move confirmed the end of Wave II and the start of a new bullish cycle. Now ZEC prepares for its next impulsive advance as the structure continues to unfold.
Zcash (ZECUSD) has recently shown one of the cleanest Elliott Wave reactions in the entire crypto market. The weekly chart highlights a textbook end to a long corrective structure, followed by a powerful bullish cycle. From the Wave II low, ZEC has already delivered a massive 9000% rally. This explosive move began at a price level that matched the equal legs extension of the previous corrective sequence. It is a perfect example of how Fibonacci symmetry can mark major turning points with high accuracy.
The decline into the 2025 low completed the large structure labeled as ((W))–((X))–((Y)). Wave ((Y)) ended exactly at the 1.0 equal legs extension of Wave ((W)). This area is a classic spot where complex corrections often finish. Because the symmetry was so precise, it signaled that the multi-year Wave II pullback had likely ended. Soon after, the market confirmed this idea. Zcash surged almost vertically, delivering a 9000% advance. This reaction shows why equal-leg measurements remain one of the most reliable tools in Elliott Wave analysis.
From the Wave II low, a new bullish cycle began. The price formed a clear impulsive sequence to the upside. We can now see Waves (1), (2), and (3) complete, with Wave (3) showing strong momentum. After that, the market started to pull back in blue wave (4). This pullback is normal in an impulse and should stay corrective. When it finishes, ZEC is expected to break higher once again to complete the fifth wave of black Wave ((1)). This next rally will likely mark the end of the first major leg of the new cycle.
Conclusion:
Once black Wave ((1)) ends, Zcash should enter another correction. This new pullback may form 3, 7, or 11 swings. It must hold above the Wave II low to keep the bullish structure intact. For long-term traders, this upcoming correction may offer a major buying chance. It could prepare the market for what may become the most hated yet most powerful bull rally in Zcash’s history.