$ZEC just saw a 15m volume spike that pushed price higher, with volume jumping to 2.27x. The closing price broke above the highs of the last 20 5m candles. OI is rising too, up 0.16% over 1h, with the notional change ranking #3 across the entire pool. The structure doesn’t look like a short-covering move; it looks more like new leveraged longs entering. The taker buy/sell imbalance is 6.8%, and the buy/sell ratio is 1.15, indicating buyers have the edge in the order book. 24h trading volume is 2847M, and liquidity is sufficient. As long as volume holds at this level, there may be more room to the upside.