$ZEC above $1,000 looks impressive, but the real test starts now.
The move was fueled partly by a powerful short squeeze, with roughly $34.5M in shorts forced to close. That can create explosive upside, but liquidation-driven momentum isnāt the same as sustainable demand.
Now Iām watching four things closely: spot volume, funding rates, Open Interest, and whether $1,000 flips into solid support.
If leverage cools while genuine spot buying continues, this breakout becomes much more convincing. But if OI and funding heat up too quickly, the move could become fragile.
š„ A new ATH is exciting. Holding it is the real story.
Would you chase $ZEC here, or wait for confirmation?#ZECHitsANewAllTimeHigh #BitcoinETFsBiggestDailyInflowSinceJanuary $DASH
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