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Epic counterattack after bad news is fully “burned off”: the team runs away, yet the coin price keeps setting new highs
The core team of 26 people collectively resigns. At first, it was seen as a sign of imminent collapse—yet ZEC instead turns the tables and puts on a “bad news fully digested → counterattack” reversal!
From $185, it rockets straight up to a new phase high of $563,
A $1.375B trading volume directly blasts the shorts out of the market.
Amid the $45.35M liquidation tsunami, 97% of liquidations were short positions. $44.095M worth of shorts vanish overnight,
Long positions were liquidated only $1.2563M.
With $1.14B in contract funds at stake, the bears are completely pinned down.
The main force is ruthless—totally going after the shorts, with no reason at all.
This also means: when the longs get squeezed and liquidated, the sell-off will hit just as hard.