On the positioning front, ZEC stands out:

ZEC dropped 9.76 percent, the steepest on the board, and open interest plunged 19.23 percent in a day. That means positions unwound hard as price broke down. It's stuck in a range now, trading around 1,098, with active support at 1,011.07. If that level breaks, watch for more momentum down; if it holds, expect chop. Funding remains positive, so there's no evidence yet of a crowded short.