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$ZEC : The long positions are completely controlling the market, and it will only go up from here!!
ZEC doubled in price with a sharp surge. Some people are panicking and asking if the top has been reached?
After analyzing smart money + whale core data, I’ll give my conclusion directly: this minor pullback is just a buildup before a big rally, and it will definitely go up next!
1. Almost all profitable players are going long
Smart money that profits long-term in the market, 70% choose to go long, 80% of funds are betting on rising prices, and the long positions are more than four times the short positions, completely crushing them.
They bought the dip around 400, now averaging a 40% profit, holding steady, and won’t suddenly sell off.
2. Top-tier main players are even more committed to longs
The most powerful whales (top main players making big money) have a long-to-short ratio nearly 5 times higher, more optimistic than ordinary players.
They bought the dip earlier, at lower costs, earning more, and fully control the market trend. It’s not time to run yet.
3. All short positions are trapped, which actually helps push prices higher
Shorts opened around 480-490, now all losing, with 60% of short positions losing money.
The key is, their funds are less than a quarter of the longs’, so they can’t move the market. Later, they’ll either cut losses or get liquidated, both requiring them to buy back, which will push prices up.
From 606 down to 566, a drop of just over 6 points, is a normal correction after a big rally, with no signs of a top at all.
Main players are all long, shorts are all trapped, so it will continue to surge, and breaking previous highs is highly probable.
#Gate广场五月交易分享