$ZEC dropped to $430 today and then rebounded to $465 level. Previously it was decoupled from general market but now more correlated with it. $BTC and $ETH also dropped substantially in last 24 hrs. It is important to note that $ZEC has no proper use in DeFi and there is no staking incentive. The raw value is equivalent to meme and culture value. It will be important to watch $ZEC. Either it will go below $350 or it will climb above $700.