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$ZEC and ZEN are old brothers in the same track, their trends are basically linked normally. When ZEC rises, ZEN never misses out. Every time there is a privacy market rally, both move together in and out.
This time is different. ZEC has long been hitting new highs and skyrocketing, while ZEN has been crashing from over 18 down to a low of 4.9. It’s only just above 6 now, having fallen terribly and completely missing out on this big sector rally, falling seriously behind.
Seeing the entire privacy sector so strong, the leading ZEC market trend is far from over. Tokens in the same track will eventually rotate and catch up. Thinking that ZEN’s position is so low, it’s fallen so hard, and with the entire privacy boom supporting it, funds will eventually come to push it to catch up. So I opened a position of over 10 times leverage, using a Martingale strategy to lay out and hide, betting on a follow-up rebound with ZEC, switching between high and low positions.