Damn, $ZEC I’m not going to beat around the bush: this price has already climbed dozens of times from the market bottom from two years ago. But compared to the historical peak, it’s still several times behind—those veteran coins at the top ranks are sitting at the foot of the valuation mountain. That, in itself, is a grievance. What’s really explosive is still coming: valuation has clearly reached the scale of the top tier, yet the price is still stuck halfway up the mountain—only one more spark away. The derivatives side is also adding fuel: funding rates stay positive throughout, open interest is still rising, and leverage money is all real capital being poured in. This set of logic is coherent—there’s a real chance.