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$ZEC Ten consecutive days of gains, suddenly爆掉 $11.6 million in short positions overnight 🔥🔥 Is the current 600 just the tip of the iceberg for the bulls???
This strong breakout was completely premeditated; the technical aspect is just the beginning of a weekly-level zero-axis rebound. Now at over 600, I believe we're not even halfway up the mountain, here are two points:
① The US CLARITY Act has been implemented, directly setting a compliance direction for privacy coins. Zcash’s dual design of transparency and privacy has become the biggest advantage for institutional funds entering the market, with the previous major regulatory risks completely eliminated.
② A whale used 10x leverage to buy in with $10.2 million, directly pushing the position to the sixth largest globally. Funds are highly concentrated, and a short squeeze is imminent.
③ Currently, the entire privacy sector is boiling over. The influencers on the square are mixed, and the following retail investors are endless. On-chain funds are flowing wildly, and market sentiment has been completely ignited.
A fan just asked Qianqian if she can chase longs; Qianqian doesn’t recommend it. Wait for a pullback to find a good entry point to build a position. I will share specific entry levels and stop-loss/take-profit strategies internally.
Also, the $XMR I mentioned before—veteran fans should have an impression. It hasn't risen much yet, so you can continue to look for positions to go long. For those who don’t want to miss out, come join us~