Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

A few days ago, ZEC dropped sharply from 680 to 425, falling quite hard. However, it has obviously stabilized over the past couple of days and is now back above 520. The moving averages are also looking good; the short-term moving averages like MA5 and MA10 are trending upward, and the price is already holding above these averages. In the short term, it appears to be a rebound trend. However, MA120 is at 534, and it still hasn't broken through that level. If it can hold above 534, it might be able to move upward further.



There has been a large short position on Hyperliquid for over a month now, and the unrealized loss has reached the 9 range. If this short position can't hold on and liquidates, it might trigger another wave.

After this wave of fall, the rebound is quite strong, and the short-term trend looks good, but it fell too hard before, so whether it can hold above still depends on whether it can break through the resistance level of 534. #Gate10月透明度报告出炉 $BTC $ETH
BTC-3.22%
ETH-0.05%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)