The unilateral upward trend of ZEC gives the most impression that Zhuang is clear and strong behind it. So how does Zhuang make money? The most important thing is definitely to rise and fall at the same time. If you buy at a low level and smash it directly, you won't be able to keep up with the daily turnover. Therefore, you need to first create a market trend and increase daily transactions from several million to several hundred million before selling in batches. Pull ups are often not aimed at selling at the highest point, but at making the market feel that it is worth the price and selling during the upward trend. 2. Squeezing. After the Orchard loophole in May 2026, there were a large number of short positions in the contract, and as soon as the spot was pulled, the forced liquidation had to be bought back. Recently, this wave of ZEC has contributed tens of millions of dollars in short positions, with orders ranging from 34 million to 44 million dollars appearing within 24 hours, and interest in opening positions has reached over 2 billion dollars at one point. Once the short position bursts, the price rises again. People who hoard spot goods at a low level can still sell them to these forced short sellers. 3. Fund rate. In perpetual trading, everyone is crowded to go long and the rates are high, while bears collect money every day. According to a survey by Hyperliquid, in the days leading up to its listing, the annual fee rate was about 95%, and a certain address with a short order only charged a capital fee of about $170000. 4. Use the contract disk as an advertising department. There has been a paper to spot transaction ratio of approximately 16:1 for ZEC on Hyperliquid, with limited spot trading and perpetual nominal transactions reaching billions. When there are many long positions in the contract, market makers hedge and buy spot goods, which happens to catch the selling pressure. 5. ETF: Grayscale's ZCSH has an AUM of approximately $400 million within two weeks of its listing, and to track net worth, it is necessary to continue buying spot goods. The earlier layer is miners: when prices are high, new output itself is a continuous supply, and major mining pools sell new coins at high prices, while buying low and selling old chips at high prices are two separate lines. The biggest fear for the banker is that it has risen but no one is willing to accept it. For retail investors, what they are afraid of is that what they see is still pulling, and it may already be the stage when the opposite side is selling. This article is just a science popularization of how strong banks make money, and does not mean that the price of ZEC has reached its peak. Based on my years of experience, if you guess the top, only a 30% -50% increase in a single day is likely to be a sign of a strong coin reaching its peak. And with just one pull, the price of ZEC would have to reach $2000.