When mountains and waters seem to leave no way out, then suddenly, amid dark willows and bright flowers, another village appears.

A few days ago, the professor shared his views on short selling. On the 13th, one fan followed the professor to open a short position together. Throughout the process there were twists and turns with relatively large fluctuations; at one point it even exceeded our entry price, but it never went beyond the stop-loss line. Overall, the direction has been downward, and we have already reached double the return.

Why would the professor choose to take a fan into a short position at this point?

1. The previous surge was because ZEC submitted an ETF application. Market enthusiasm was running high, and the project team also began to hype up the attention, pushing the coin price up. However, the hype has now cooled off, and the coin price is gradually drifting downward.

2. This push forward did not manage to effectively break through the strong resistance at 640. There is heavy sell pressure above. And personally, I have also detected from on-chain data that funds have started to flow out in a significant way. Many of the coins bought from the bottom are beginning to realize profits and exit.

For an altcoin with this level of strength, it’s impossible for it to be smashed through all at once. The price action will keep oscillating and falling. Fans who enter the market with the professor must hold patiently. If it breaks below the 510–520 target, you can then expect to see 480. If it cannot effectively drop, you can choose to take profits and lock them in first. #Gate广场五月交易分享