Zcash just did it again — up about 5% to roughly $1,330 while Bitcoin barely moved, and at this point the privacy trade is the only one with a real pulse.

Bitcoin is sitting at $75,956, up a quarter of a percent, still catching its breath after yesterday's flush to $74,781 — the lowest since August — that wiped out $1.05 billion in leveraged positions, almost 90% of them longs. The market is trying to stand back up: 401 coins green against 93 red, median move +1.5%. But the money isn't spreading evenly. Zcash is now a top-10 coin at a $21.7 billion market cap with volume up 16%, Solana is +1.3% at $90, Dogecoin bounced 2.6% — and XRP is the odd one out, down more than 2% while everything else heals. That split tells me traders aren't buying "crypto" right now, they're buying specific stories. Zcash has been the strongest name through this whole correction, and every dip in it keeps getting bought while the majors chop sideways.

What I'm watching: whether Zcash holds $1,300 on a daily close — lose that and the momentum crowd exits fast — and whether Bitcoin can get back above its 200-day average near $76,500. Until then, $74,780 is the line that has to hold.

Are you rotating into the one coin that's actually moving, or sitting in Bitcoin waiting for the 200-day to break?

$ZEC $BTC