$ZEC That's outrageous! ZEC at $640, can we short now? US stocks soaring, Bitcoin showing signs of weakness? Let's take a look.

First, let's talk about the big fool ZEC, which has now surged to $640. At the same time, the three hype coins ICP and FIL are also rising rapidly. These three big fools are called the "Money-Throwing Trinity," giving us more trading opportunities. So where can we short?
The safest short position for ZEC is near the previous high of around $700. Currently, it has reached $640, so we can consider shorting near $700, using 1x leverage. Avoid high leverage. When ZEC broke through the $410 resistance before, we closed our position at the original price when it fell back to $410. Wait for the 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 sharp.
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 open a small position first, then add a 5% position near the previous high of $4.7 to average down. The same applies to FIL. These coins are just hot topics; once the hype passes, they will fall back to where they rose from.
As shown in the chart, we shorted them last year at the end of the year, holding for several months and earning over 100,000 USD. This time, I plan to allocate 20-30% of my position to short them at 1x leverage. No rush—enter in batches, each time 5% of the position, wait a few weeks for the hype to fade. When retail investors chase the high and panic sell, the price will plummet sharply. But this takes time.
Just like our crude oil short positions re-entered at the end of April, many friends criticized me during that period. But look now—didn't we make a lot of money? So, this kind of longer-term strategy requires patience. The price may continue to rise in the meantime, so always use low leverage and enter gradually. Only by staying alive can we eventually profit.
Besides that, I have another 20-30% of my position allocated to Bitcoin. Previously, our short at 83k was closed at the previous high of 7.95k, with half of the position taken profit. Now, after a rebound, I plan to short again near the small resistance at 8.13k and close to the major resistance at 79.5k. We’re doing short-term swing trades. For long-term trend positions, I will also hold. Stay resilient under pressure, be patient with time, and prove yourself! #$ZEC #BTC重返8万