#Gate广场五月交易分享 Outrageous! ZEC is at $640, can we short now? US stocks are soaring, Bitcoin's downward trend is beginning to show? Let's take a look.

1. First, let's talk about the big dumdum ZEC, which has now surged to $640. At the same time, the three hype gods ICP and FIL are also rising sharply. These three big dumdums, affectionately called the "Money Three Hype Gods," give us more trading opportunities. So where can we short?
2. The safest short position for ZEC is near the previous high of around $700. Currently, it’s at $640, so we can set up a short order close to $700, using 1x leverage. Do not use high leverage. Previously, when ZEC broke through the $410 resistance and then fell back to $410, we closed at the original price, waiting for opportunities. Now that ZEC is approaching the next resistance at $700 again, I think it’s a good opportunity. The decline afterward could be very fierce.
3. Similarly, ICP and FIL, which share the same concept as ZEC, are also catching up. There is some resistance around $4 for ICP, so you can start building a position there, and then also place a 5% position near the previous high of $4.7 for additional buy-in. The same applies to FIL. These coins are all driven by hype; once the hype passes, they will fall back to where they rose from.
4. As shown in the chart, we shorted them at the end of last year and held the position for several months, earning over 100,000 US dollars. This time, I plan to use 20-30% of my position to short them at 1x leverage. I’m not in a hurry; I will enter in batches, each time with 5% of my position, waiting for a few weeks for the hype to subside. When the retail investors chase the high and panic, the price will plummet sharply. But this takes time.
5. Just like our crude oil short positions that we re-entered at the end of April, many people scolded me during that period. But now, look again—didn’t we make a lot of money? So, this kind of longer-term positioning requires patience. The price may continue to rise in the meantime, so it’s crucial to enter in low leverage and in batches. Only by staying alive can we eventually profit.
6. Besides that, I have another 20-30% of my position set aside for Bitcoin. Previously, our short at 82,500 was closed at the previous high of 79.5k, with half of the position taken profit. Now, after a rebound as expected, I plan to re-short near the small resistance at 81,300 and close to the major resistance at 83k. We’re aiming for short-term swings. For the long-term trend, I will also hold positions, withstand the pressure, and work with time—prove myself!