ZEC's volatility is indeed crazy, the claim of having 30x leverage is spot on, try shorting around 410 to test the waters.

ZEC5.16%
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AnalystShuQin
ZEC is too arrogant! I'm going to short it. It has risen 30% in 3 days. Where can I short in the crypto market? Let me talk about some major trading opportunities.
1. ZEC is purely crazy, with huge profit potential. When it rises, it can go up by 30%, and when it falls, it can drop by 20-30%, offering very large profit margins. Now that it has risen so much, where can we short?
2. Currently, ZEC's resistance is around 410. I will gradually open some short positions near this level, just 1x leverage, no liquidation risk. Once the hype subsides, it will fall very sharply, often dropping 20-40%. Even if temporarily trapped, it will eventually fall and profit. So even with 1x leverage, our profits are still significant.
3. Therefore, although ZEC's strong resistance is near 410, another factor we need to consider is waiting for the hype to pass. We can't use the high-leverage approach like with Bitcoin for ZEC, because it already has 30x leverage built-in. Opening 1x leverage means 30x volatility.
4. Currently, Bitcoin has little arbitrage space; daily fluctuations are too small, less than 1%. Let's see if Monday offers some good volatility to trade. I don't chase longs on BTC because it has risen for a month with a 25% increase, which makes long risks very high.
5. You might get 1-3% profit from going long, but the risk is it could sharply pull back at any time. So I prefer to short on rallies and not join the hype of the bulls, as it will likely pull back significantly after the hype passes.
6. Compared to Bitcoin's uncertainty, crude oil (CLUSDT) has a clearer trend. No matter how it shakes in the short term, it will long-term decline back to a normal range of 70-80 USD per barrel, a 20-30% drop, which is enough. Gradually open short positions and wait for the big bearish candle when the US and Iran reach an agreement. Opportunities are always reserved for those who are prepared. Don't you agree?
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