they just can't believe it doesn't fall as easily anymore.

$ZEC BTC capitulation. what is capitulation

Capitulation is the final panic sell-off where feared holders dump their coins, causing a drop and massive volume. Once this “flush” clears fear selling pressure, strong buyers step in, supply dries up, and price often reverses. This exhaustion of sellers marks the start of a new bullish uptrend.

this part is called disbelief when coins don't fall easily sellers get little falling even with selling as more holders keep the coin.