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Bullish

Old Zhang’s Market Breakdown: $ZEC Longs are lying dead everywhere, but shorts are lining up to hand money to the market makers!



Markets bottom in despair and short-squeeze amid hesitation. Shorting now is like handing the knife to the big players.

Personal view and examples: Look at the liquidation map: a short liquidation wall is building near 986, while the 89X long liquidation zone has been mostly cleared out in this round of “one-sided slaughter,” with long positions accounting for 88% of liquidations over the past 24 hours. Whale data says a lot: 230 whale short positions are sitting on $15 million in unrealized profit, while 98 long whale positions are down $5.11 million, and longs account for only 40%—when shorts become extremely crowded, they become the prey.

On the news front, the proposal to remove 50,000 ZEC is essentially about reducing circulating supply, not bearish news that will trigger a sell-off; macro CPI pressure is global, and ZEC has already fallen 20%, pricing it in ahead of time.

Trading advice: For aggressive traders afraid of missing out, take a small long position at the current price; conservative traders should wait for a pullback to around 960–965 before going long.

Want to know whether the 18,000 ZEC 10x long opened at 895 will be sacrificed? @老张说趋势 Following closely

#Gate直通IPO第三期Anthropic #美国就业数据今晚公布 $BTC
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ZECZEC+1.29%
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Comment 5
MemePhilosopher
When sentiment hits rock bottom, longs are the last source of fuel
TrendlineCarpenter
It hasn't broken down in 4 hours. Going to sleep
OnChainVein
230 whale shorts are up $15 million in unrealized profit—is that figure based on on-chain label clustering or exchange APIs? What is the label false-positive rate?
EcoGardener
Stacks is also experimenting with zero-knowledge payments; it would be great if it could borrow ZEC’s UX
OnChainDetective
With the 89X long liquidation zone cleared out, dare you publish the token distribution chart