Ridiculous! 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 loser ZEC, which has already surged to $640. At the same time, the three hype coins ICP and FIL are also rising rapidly. These three big losers, collectively called the "Money Three Fantoms," give us another trading opportunity. So where can we short?
2. The most stable short position for ZEC is near the previous high of around $700. Currently, it has reached $640, so we can consider setting 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 another opportunity. Now that ZEC is approaching the next resistance at $700 again, I think it's a good chance. 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, 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 allocate 20-30% of my position to 1x short positions. I’m not in a hurry; I will enter in batches, each time with 5% of the position, waiting for a few weeks for the hype to subside. When retail investors chase the high and panic, the price will plummet sharply, but this takes time.
5. Similar to our crude oil short positions, which we re-entered at the end of April, many people scolded me during that period. But now, look again—haven't we made a lot of profit? So, this kind of longer-term positioning requires patience. The price may continue to rise in the meantime, so it’s crucial to enter low leverage and in batches. Only by staying alive can we eventually profit.
6. Besides that, I have another 20-30% of my position allocated to Bitcoin. Previously, our short from August 25th 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 the major resistance close to 83k. We will do short-term swing trades, but I also want to hold a long-term trend position. Stay resilient under pressure, be patient with time, prove yourself!