ZEC's recent rebound is indeed fierce. From 326 directly to 469, an increase of over 40%, making the days of bears in the market tough.
An interesting phenomenon is that a large number of short positions are being forced to close, and this short squeeze has pushed the price higher. Every time this kind of situation occurs, market sentiment is ignited—privacy coins re-enter everyone's sight, and buying pressure continues to flow in.
From a capital perspective, the net inflow data confirms the authenticity of this surge. This is not a bluff; real funds are driving it. Currently, ZEC is approaching the upper band of the Bollinger Bands; once broken, the next target is $500.
Traders who started building long positions from the 405 level now have an additional 60 points of profit in their accounts. Most followers who have continued have gained something. During such market conditions, good timing can lead to stable profits.
For those who haven't entered yet, don't worry. The market will continue to provide opportunities; the key is to manage risks well and seize the next suitable entry point.
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DefiSecurityGuard
· 12-13 06:45
hold up, where's the actual on-chain audit report for this pump? 🚩 classic squeeze setup written all over it
Reply0
WhaleWatcher
· 12-12 16:50
Once again, a short squeeze drama, and the bears are crying all over the place.
This move in ZEC is really fierce; the 405 group is probably laughing so hard they can't sleep now.
500 doesn't seem so far away anymore, but I still think we should be cautious of the risk of a pullback.
The privacy coin concept is hot again; the real question is how long this momentum can last.
Let's wait and see, no need to rush into chasing the high.
It’s been pushed up by more than 40 points; luckily, I didn’t short.
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JustAnotherWallet
· 12-12 16:41
Damn, this wave of ZEC is really awesome. The friends who entered at 405 must be laughing their heads off now, as the bears are being crushed tightly.
Wait, can this target of 500 really be reached? It feels a bit uncertain.
Short squeeze, that's how it is. The funding situation is indeed speaking, not just bragging.
For those who haven't gotten in yet, let's just watch quietly. There will be another opportunity sooner or later.
View OriginalReply0
GasFeeSobber
· 12-12 16:23
Short squeeze this round made a fortune, unfortunately I only got in at 405. If I had known it would drop to 326, I would have sold earlier.
ZEC's recent rebound is indeed fierce. From 326 directly to 469, an increase of over 40%, making the days of bears in the market tough.
An interesting phenomenon is that a large number of short positions are being forced to close, and this short squeeze has pushed the price higher. Every time this kind of situation occurs, market sentiment is ignited—privacy coins re-enter everyone's sight, and buying pressure continues to flow in.
From a capital perspective, the net inflow data confirms the authenticity of this surge. This is not a bluff; real funds are driving it. Currently, ZEC is approaching the upper band of the Bollinger Bands; once broken, the next target is $500.
Traders who started building long positions from the 405 level now have an additional 60 points of profit in their accounts. Most followers who have continued have gained something. During such market conditions, good timing can lead to stable profits.
For those who haven't entered yet, don't worry. The market will continue to provide opportunities; the key is to manage risks well and seize the next suitable entry point.