Zcash (ZEC) has experienced a bullish breakout, with trader Thor projecting a potential price surge to $4,900. This forecast is based on a cup-and-handle pattern that confirmed a break above the $240–$270 resistance range, supported by increasing volume and momentum. The technical analysis suggests a measured-move target, although potential risks such as regulatory changes and market consolidation remain. The current market sentiment, as indicated by the rising fear and greed index, suggests growing optimism among traders. Market participants are closely monitoring for sustained momentum to validate this bullish outlook.