#美联储重启降息步伐 ZEC's recent market movement is worth a calm review.
Let's look at the data first: in the past hour, short liquidations were 61 times higher than long liquidations. This kind of one-sided, stampede-style surge is a classic short squeeze. AI monitoring shows continuous capital inflows, but here's the issue—RSI has already surged to 74.7, entering a deep overbought zone. Historical experience tells us that chasing the rally in this state often means you're left holding the bag.
So the current strategy is clear: stay put and wait for a pullback opportunity.
To be honest, I don't really recommend touching the $404 level. There are two key pullback zones worth watching: first, $395-400, which is the newly broken out platform support and is technically solid; second, an even better spot is $385-390—if it drops there, that's a golden opportunity with a very attractive risk-reward ratio.
A stop-loss must be set: $375 is the lifeline. If it breaks below this, the entire bullish thesis may be in trouble, and it's time to exit.
Looking up, the short-term target is to see if it can reclaim the previous high at $422. If a real breakout is confirmed, there's room to imagine $455 or even higher. But honestly, where we are now feels like the tail end of the rally—looks exciting, but there's not much profit left to catch.
Patience is worth more than impulse. Waiting for the market to offer a reasonable entry price is far wiser than gambling on direction at the top. After all, in trading, the depth of your understanding determines how far you can go—follow me to break down the underlying logic behind every move.
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.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
HodlAndChill
· 4h ago
It's another short squeeze and overbought situation—this ZEC move really feels like it's playing out a scripted market scenario.
A 61x short liquidation? Damn, that's brutal. Anyway, I'm just going to wait for a pullback.
385-390 is the real sweet spot; at 404 right now, it's just not worth making a move.
View OriginalReply0
Fren_Not_Food
· 12-05 09:22
Shorts got completely crushed—this is just a short squeeze trap.
View OriginalReply0
NftRegretMachine
· 12-05 09:21
Daring to chase with an RSI of 74.7, are you tired of living?
View OriginalReply0
MetaverseHermit
· 12-05 08:52
Daring to chase with an RSI of 74.7, you must really want to lose money.
#美联储重启降息步伐 ZEC's recent market movement is worth a calm review.
Let's look at the data first: in the past hour, short liquidations were 61 times higher than long liquidations. This kind of one-sided, stampede-style surge is a classic short squeeze. AI monitoring shows continuous capital inflows, but here's the issue—RSI has already surged to 74.7, entering a deep overbought zone. Historical experience tells us that chasing the rally in this state often means you're left holding the bag.
So the current strategy is clear: stay put and wait for a pullback opportunity.
To be honest, I don't really recommend touching the $404 level. There are two key pullback zones worth watching: first, $395-400, which is the newly broken out platform support and is technically solid; second, an even better spot is $385-390—if it drops there, that's a golden opportunity with a very attractive risk-reward ratio.
A stop-loss must be set: $375 is the lifeline. If it breaks below this, the entire bullish thesis may be in trouble, and it's time to exit.
Looking up, the short-term target is to see if it can reclaim the previous high at $422. If a real breakout is confirmed, there's room to imagine $455 or even higher. But honestly, where we are now feels like the tail end of the rally—looks exciting, but there's not much profit left to catch.
Patience is worth more than impulse. Waiting for the market to offer a reasonable entry price is far wiser than gambling on direction at the top. After all, in trading, the depth of your understanding determines how far you can go—follow me to break down the underlying logic behind every move.