With ZK Rollups being the hot-topic of ETH hopium discussions, ZK Snarks should be in discussions as well. That, along side the recent volume and strong technicals on HTF for both the USD and BTC pair for ZEC is my reasoning on being bullish. Unless Zooko increases the founders reward to buy some more groceries, NGU.
More complete version of my original chart. Once run up to ~8k, we will get smacked down unless ETF is approved at the end of September (but guess what? no way its approved in 2018)