$ZEC


Yesterday, over 110 million long positions, 50 million short positions; today, over 170 million long positions, 32 million short positions. This indicates a problem; this position is too awkward, the rally was too aggressive, and there are too many shorts. It's not that there are too many longs, I guarantee that if there were just one-fifth of the current shorts, it would have already dropped 300 points, haha, instead of consolidating here. The current number of shorts is estimated to be 20 million. When a sharp decline happens, it can't be withstanded at all, and it can only shake violently here. Rallying is even more difficult; no matter how good the news is, it’s already in the top ten soon. How else can it be rallied? The funds are limited.
ZEC-5.94%
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