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The recent movement of ZEC is honestly a bit strange.
On the surface, it looks like a whale is sweeping 30 million tokens every 3 minutes, as if trying to pump the price. But a closer look at on-chain data shows that short positions are quietly accumulating, and the funding rate is abnormally high, which suggests it's more like a trap for retail investors. After a tenfold surge, someone suddenly "buys the dip"? Wake up, they might be just looking for someone to take the last hit.
**Some signals monitored:**
• Market makers openly shorting (free cheese is often a trap)
• Whales entering after a thousandfold increase (too perfect, not sincere)
• Abnormal spike in funding rates (bulls still dreaming of pushing higher)
**If you insist on participating, here are two approaches:**
**Bullish outlook:**
Entry zone around $480-$490, which has been a strong support recently. Don't rush to buy the dip if it falls below; wait until it stabilizes above $530 and breaks out with volume before adding positions. Set stop-loss below $465, and exit quickly if broken. First target is $585, more aggressive traders can watch for $660.
**Bearish outlook:**
If it rises with volume in the $520-$535 range, consider a small short position. If it breaks below $500 with increased volume, slightly add to your short, but set stop-loss above $550 to avoid being caught off guard. First target is $490, then look for $450 or lower if it breaks down.
**A few heartfelt words:**
✓ Keep your position size within 1%; this market can make you feel like you’re back to square one overnight.
✓ When it reaches around $585, just sell and run. Even if it later hits $660, don’t look back.
✗ Don’t be fooled by headlines about "whale bottom fishing"—they’re just traps for naive investors.
The market never lacks opportunities, but if you lose your capital, it’s gone for good.