$ZEC is back on the trending board overnight, but the tone has flipped hard — down about 7% near $1,156 on roughly $880M in volume, giving back a chunk of its earlier run while the rest of the tape just drifts. $BTC is only off around 1.3% near $76,800 by comparison, so this looks specific to the privacy corner rather than a market-wide flush. I'm watching whether $ZEC steadies above $1,150; hold there and the dip probably gets absorbed, lose it and the trending crowd likely moves on fast. #Zcash