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Bearish

Liquidate longs, then squeeze shorts? $ZEC After wiping out 88% of longs, is 980 a windfall or a trap?



Where shorts are crowded, they often become the market makers’ fattest ATM.

I’ll be blunt: the main players’ intentions are clear—liquidate longs first, then set the stage for a short squeeze. Liquidations totaled 32.88 million in 24 hours, with long positions accounting for 28.95 million—88% of the losses came from longs. Net outflows over 15 days reached 260 million, and the fund flow score hit -100. This isn’t a shakeout; it’s a one-sided beating. The whale data is even more telling: 646 short sellers raked in 30.48 million, while 157 long sellers lost 8.67 million. Shorts have already taken their profits.

My personal view: With 2.2 billion in short positions crowded together and shorts piled high above on the liquidation map, the odds of market makers reversing course and pushing prices up to liquidate shorts are much better than those of continuing to drive prices down and liquidate the remaining longs. But jumping straight into longs is still like catching a falling knife—CPI came in above expectations, the Fed struck a hawkish tone, and BTC has already fallen below 73k. Macro liquidity is tightening, leaving ZEC no ground for an independent V-shaped reversal.

Trading advice: Aggressive traders can short now; conservative traders should wait for a rebound to the 1010–1020 zone and short if it meets resistance. Stop-loss at 1055, target 950.

Is 980 a graveyard for bulls or a trap for bears? @老张说趋势 I’ll keep following this.
#美国10月CPI全面超预期
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ZECZEC+1.29%

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Comment 8
RoyaltyMath
Is the -100 fund flow score calculated over a seven-day or 30-day window, and which one do you trust more
PensionBTC
If you’d put your retirement savings into ZEC, what year would it be now
GasPainter
Which abstract painting does the jagged shape of the liquidation map resemble
4HMan
Net outflows of 260 million over 15 days. Can the four-hour candlestick chart show when the unusual fund movements occurred?
MakerBear
157 longs lost 8.67 million, averaging 55,000 each. Does this position structure look retail or institutional?
Mossy Ledger
32.88 million in liquidations sounds like a lot, but what's ZEC's daily trading volume
SlippageSentinel
How was the 1010-1020 range calculated? Is there specific data on liquidity levels
AStockPhoenix
Lessons from A-shares: when an extreme figure like 88% of longs being liquidated appears, it often signals a sentiment bottom rather than a price bottom. But crypto has higher leverage, and there can always be another bottom below the bottom