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Fan Question: Can $ZEC really be shorted???
Honestly, right now it's really hard to pinpoint a good shorting level for ZEC.
Unless it's an extremely safe and exciting position, I’d rather watch and wait.
Today, this wave of rise by the dog whale collected another 45 million in short positions.
When fans asked me today, I told them to cut losses promptly at the short position they opened around 460, which saved their principal in time.
That was a close call; sometimes trading is really about patiently waiting for the right opportunity, and luck also plays a part.
From a technical perspective, ZEC has already entered the fifth wave of the main upward trend.
In the short term, 580 is a clear resistance level, but the market is too strong, so I dare not blindly chase the top on the left side.
If I really want to short, I’ll wait for key resistance levels at 600, 700, 770 to come in batches.
Don’t guess the top blindly now, don’t fight the trend hard; let more bullets fly for a while to stay safe.
Sister Qi’s trading approach:
In the short term, it won’t drop sharply; we must crush all these short positions first for the market to truly top out.
Focus on buying on dips; maybe we can catch a big wave.
Remember what I said: in a bear market, lurking in altcoins to short is just a small appetizer before the main course.
Getting a bite is luck; if you can’t, don’t force it.
There’s no need to participate in every wave; preserve your principal and stay strong.
Waiting for the real bottom to buy the dip is our ultimate goal.
Next, Qian Qian will continue to explore potential coins【Follow $HYPE $TAO $SUI ......】
I will find suitable entry points to help fans lay in ambush, and I’ll do the same myself, with returns of at least 1000% or more. If you’re interested, come on~#GateioInto11