ZEC Major Reversal! Whales Secretly Accumulating, Will the 600 Level Soon Explode?

The market always emerges from despair and grows amid skepticism.

Don't be fooled by the current volatility; this is the main force "sharpening their knives." The one-hour W-bottom neckline has been broken, moving averages are in a bullish alignment, confirming a trend reversal. Most importantly, smart money data: whale long B holdings ratio has soared to 111.47%, with an average cost of only 446, and 75% of positions are in profit. This indicates that the main players haven't run away; they are still aggressively accumulating at low levels.

Combined with liquidation maps, the area between 530-560 is filled with short positions waiting to be liquidated. Once triggered, it will be a "massacre" against the shorts.

Trading Strategy

Long positions near 510-515, targeting around 530-540

Short positions near 540-545

The deflationary effect after ZEC's halving continues to ferment, coupled with the end of SEC investigations and positive expectations for ETFs, long-term funds are accelerating their entry.

‍$ZEC #Gate现货交易量增幅全球第一 #Marvell大跌近10%