Zcash surged over 18% in the past 24 hours and briefly crossed the $410 zone, signalling renewed speculative attention toward privacy oriented tokens. Traders say rotation into non-BTC majors has risen this week amid unpredictable Bitcoin volatility clusters and lower short-term directional conviction. On derivatives, options skew has picked up, driven primarily by high-gamma weekly strikes. Analysts expect sentiment to remain momentum driven and extremely event sensitive in short windows, especially heading into US macro catalysts and ETF flow direction changes.