From the perspective of this round’s price surge and market dynamics, $ZEC does not appear to have triggered a severe asset inflation crisis. However, the core issue lies in the fact that privacy itself has also “hidden” potential bugs—decentralized “trust” has become a black box. ZEC’s price has not yet reached a critical low; it seems more like large capital holders are propping it up to自救. Crypto trading is ultimately about value-for-risk ratio and the probability of risk versus reward. ZEC has only dropped less than 50% from its peak—there’s currently no room for a 100% upside even if it rebounds fully. For a coin experiencing a trust crisis, I won’t engage unless there’s potential for over 200% upside. I originally anticipated a return to the $180 level to reassess the project’s fundamentals before deciding whether to buy. Clearly, the current price offers poor value-for-risk. I’m patiently waiting to confirm whether $HYPE has reached its entry point. No positions taken. No shorting either.