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$ZEC Hold steady! There will be plenty! Make a firm choice
Judging from the “smart money,” it’s clear that the bulls are clearly in the dominant position. With the current capital ratio, the shorts only hold 100w, and if they dump, there’s no one to catch it. Most likely, they won’t dump; even if they do, they’ll have to push it back up a bit, wash it up little by little. Only when the shorts’ holding proportion rises is it a signal that the dumping will begin.
Lolo notified fans early to lay in buy orders for longs and enter the market. And just now it surged again—3x in unrealized profit—then immediately pulled back. It’s clearly behavior meant for wash trading. In the near term, zec will definitely repeatedly wash longs and shorts until the positions are washed and redistributed evenly. In the short term, it will still go up, so Lolo’s recommendation is to continue to hold firmly!!! Don’t be scared!