$ZEC Why did the price drop in one go from 1552 to 1064, without any rebound in between?💡 In-depth analysis:
This is what’s called a long-side panic.

● Mechanism: When the price breaks below a key support level (for example, 1500), a large number of retail traders and quantitative bots that went long in the 1400–1500 range will trigger stop-losses.
● Chain reaction: Long-side stop-losses mean market sell orders. These sell orders further push the price down, triggering stop-loss orders at even lower levels.
● Source of gains: In this 30% drop, at least 10% is contributed by long liquidations. The money shorts make is, in essence, the sweat-and-blood money of longs forced to cut their losses.$BANK $DEXE #USD1持币生息最高8%