$ZEC $ZEN Privacy coin sector surges igniting a battle between bulls and bears! Whales bet 40 million on a rise vs retail investors swearing to short, can you guess the ending of this melodrama? The market makers pushed it so high, also to kill the shorts, those bulls could be in for a big feast, if it pulls back, it won’t be quick in the short term, shorting at high levels is imperative, overall, pushing it up doesn’t seem to be a wise move, just short it.
🐸Five crazy data points:
1. ZEC has been on a rollercoaster! Ignoring the market crash, it surged 18%, rocketing from 500U to 728U, bulls celebrate while bears jump out of windows!
2. A mysterious whale on-chain splurged 40 million All in long, with floating profits of 5 million still adding positions, declaring a target of 1000U!
3. However, the main chips have shown early signs of "death divergence", Kol screams this is a classic pump and dump, the script for a crash is already written, right?
4. Retail shorts, despite being squeezed five times in a row, remain undeterred, with the overall short ratio reaching 60%, while bulls have decreased significantly.
5. The mindset share in the privacy coin sector has surged 3.6%, Zcash Foundation is undergoing a blood transfusion upgrade, is this wave of enthusiasm an opportunity or a trap?!
🐯Details of the explosive surge:
· A record of bloodshed between bulls and bears: The largest short suffered a huge loss of 120 million holding firm, with the liquidation line at 911U, a break above 1000U in ZEC could trigger a tsunami in the crypto world!
· Doge market maker's manipulative operations: Every time it rises, stop losses are swept, a rollercoaster from 728→528→400U played until retail investors collapsed, some made 800% with 20x leverage, while others lost so much on short positions they deleted the app five times!
· Ultimate game point: The bull army defends the cost line at 576U, while the bears are sharpening their claws at 775U, will the sudden needle spike curse reappear this weekend? I think it’s certain; if there’s no spike, the market maker will struggle to control the market.
🐆Can ZEC really surge to 1000U or will it crash in the next second?"
🐆Conclusion: Going too high requires a lot of capital, and these days will definitely see crazy needle spikes, this should have the same attribute as giggle, bulls and bears pay attention to market data, just short it, $ZEC
