Grayscale Zcash ETF saw $15.18 million in net inflows on Wednesday 🔥, a huge jump from just $1.61 million the day before. It was also the strongest single-day inflow in nearly a month, ending three consecutive weeks of outflows. However, analysts caution that just two days of recovery aren’t enough to confirm a trend reversal—inflows need to continue to validate the shift! Meanwhile, $ZEC futures open interest surged to $2.89 billion, its highest level since late September. Market activity is clearly picking up, but rising leverage also means greater volatility risk ⚠️. Technically, #zec is holding firmly above its moving averages, and the RSI at 61 is not yet overbought, so bullish momentum remains intact. The next upside target is $1,698, but to make a run at it, the price first needs to hold support at $1,250.