ZEC Unbounded Rebound, Brother Wan: Wait for $430 and above to go short with your eyes closed



Brother Wan's view: ZEC's rebound is nearing its end, likely topping out at $438, and the market may drop below $400 later.

The market is rallying across the board, with ZEC soaring 9% yesterday, sparking cheers. But don’t get carried away—this looks more like a “bull trap.”

Major players are confirming the trap: right after a large withdrawal from the privacy pool, a certain address directly pulled out 1% of the ZEC in the pool. Just as the market warms up, whales are pulling their shoes and running—this isn’t a golden pit, it’s a smoke screen.

Data reveals the trap: savvy funds show large accounts holding short positions worth up to 117 million, with an average cost of only $396, giving them the advantage; long positions have shrunk to 34 million, and the short liquidation pressure above $420 is almost zero. Unbounded rebound, ready to collapse at any moment.

Brother Wan’s trading advice:

Open shorts in batches around $430–$440, with the first target at $415, and if it breaks below, watch for $400. Chatroom

The more vigorous the rebound, the sharper the sickle. Don’t be the “hero” who buys the dip and helps others make money~

$ZEC

#美PPI创两年半新高 #美国5月CPI创三年新高
ZEC0.94%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned