$ZEC The long side sits more steadily than anyone; the buy pressure from the contract’s active order flow pins the shorts to the spot as soon as it comes in. The buyers swallowed up nearly two-thirds of the active orders in one go. Over seven hours, the active buy volume doubled and then curved upward again. The funding rate has posted eight straight positives, staying above the mean—meaning the longs’ positions were bought order by order from active buys, not just shouted into existence. With the float share reaching about eighty percent, the sell-side supply that should have been released has already been cleaned out. There’s no looming big sell wall overhead. This valuation level is a dip; why would it keep dropping?