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Reem Era🪐💎
$ZEC remains one of the most stubborn bulls in the market.
Despite the sharp drop, funding rates remain extremely positive, showing that longs are still crowded in. Its $20B market cap reflects a strong privacy narrative, but sentiment is running ahead of liquidity.
The more crowded the trade, the harder the fall. With double-digit losses, I’m neither buying nor shorting here. Until funding cools toward zero, the market may not be fully flushed.
#SepFOMCMinutesHikeWatch #BTCETFBiggestOutflow
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