$ZEC ZEC suddenly shows "whale swallowing" withdrawals! 1% of the pool amount escapes, is this a bearish trap or a sign of a breakout?



Whales turn around, small traders suffer—when privacy pools are no longer private, the market is only filled with bloodshed.

1. Look at the 1H chart: price at 426, RSI three-line convergence between 42-49, shrinking volume sideways, with an amplitude of only 0.08%.

2. Smarter money data is even more dramatic: short positions at 119 million U, four and a half times the longs, but the average opening price for shorts is 396.7, currently with an unrealized loss of 8.28 million U! Both longs and shorts are losing, indicating the market is in a distorted game. The liquidation map reveals the kill zone—massive long liquidations in the 385-410 range, while short liquidations are weak above 440.

3. My strategy:

Primarily short: try short at 432-435, target 410.

Secondary long: if the price retraces to 398-402 without breaking, lightly go long, betting on short covering and liquidation.

Remember the large transfer of a certain privacy coin in 2024, which dropped 23% in three days? A rhyme of history—don’t be the bagholder this time. #我的Gate交易时刻 #山寨 $BEAT
ZEC1.17%
BEAT-15.47%
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