Gray has increased its position by 46 million USD in $ZEC , and institutions still have a strong outlook on this long-established privacy coin.

From the 4-hour chart, ZEC has fallen from its high point, continuously suppressed by a descending channel, now dropping to around 317.78, just hitting a key support level, with small positive candles beginning to appear.
Holding around 317, combined with institutional funds, it is easy to see a rebound.
Initial resistance is at 335-345, then higher at 360-370.
The stricter the regulation, the more valuable privacy coins become; ZEC can be watched for medium to long-term.