分析师舒琴
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Turned off? Bitcoin is no longer rising? Can we still short ZEC? Let's take a look.
As shown in the chart, Bitcoin has now hit the previous high of 93,000, which is a resistance point that has started to pull back. This is not surprising; many traders have opened short positions here, as it has risen from 80,000 to 93,000. A pullback is very normal. Currently, the support is around 89,000, and it would be a very good choice to add a long position here, likely allowing for a profit of over 2,000 points.
Of course, there is some support near the round number of 90,000, but it is not too strong. Aggressive traders can enter a bit here, but the best entry position remains around 89,000. The short-term resistance is still at 93,000, which is fine, and the endpoint of this BTC rebound may still be around 97,000 to 98,000, so we can keep an eye on that. $BTC
Since there is still plenty of time, with 10 days until the interest rate cut, the market's risk appetite before the rate cut is quite good. Bitcoin has the opportunity to prove itself by breaking through the resistance at 93,000 to reach 97,000. At that point, I will aggressively short. If the day of the interest rate cut has not arrived, we can simply short at the current price then. After the Federal Reserve cuts rates, I will no longer be bullish. The market will enter a terrifying Christmas crisis. If you don't believe it, just follow me, and come back at the end of December to January to see.
Then ZEC fell to 430 today, and I will not chase a short here because there is still some support at the neckline, and the risk is still a bit high. I prefer to let this piece of meat rest a bit and short after it rebounds. Its small resistance is around 480-500, and a more stable short position is at the major resistance of 540. A 1x long position won't get liquidated; even if temporarily stuck, just hold on. It will eventually come down. $ZEC
We have never lost on shorting ZEC; if done well in the crypto circle, it's really about withdrawing without recharging. As long as you are not greedy for multiples, no one can liquidate you. The correct approach should be to reduce the multiples, extend the time, use time to exchange for space, and gradually accumulate wealth through certain trades, taking it step by step. Let's roll the snowball together this winter~
As shown in the chart, Bitcoin has now hit the previous high of 93,000, which is a resistance point that has started to pull back. This is not surprising; many traders have opened short positions here, as it has risen from 80,000 to 93,000. A pullback is very normal. Currently, the support is around 89,000, and it would be a very good choice to add a long position here, likely allowing for a profit of over 2,000 points.
Of course, there is some support near the round number of 90,000, but it is not too strong. Aggressive traders can enter a bit here, but the best entry position remains around 89,000. The short-term resistance is still at 93,000, which is fine, and the endpoint of this BTC rebound may still be around 97,000 to 98,000, so we can keep an eye on that. $BTC
Since there is still plenty of time, with 10 days until the interest rate cut, the market's risk appetite before the rate cut is quite good. Bitcoin has the opportunity to prove itself by breaking through the resistance at 93,000 to reach 97,000. At that point, I will aggressively short. If the day of the interest rate cut has not arrived, we can simply short at the current price then. After the Federal Reserve cuts rates, I will no longer be bullish. The market will enter a terrifying Christmas crisis. If you don't believe it, just follow me, and come back at the end of December to January to see.
Then ZEC fell to 430 today, and I will not chase a short here because there is still some support at the neckline, and the risk is still a bit high. I prefer to let this piece of meat rest a bit and short after it rebounds. Its small resistance is around 480-500, and a more stable short position is at the major resistance of 540. A 1x long position won't get liquidated; even if temporarily stuck, just hold on. It will eventually come down. $ZEC
We have never lost on shorting ZEC; if done well in the crypto circle, it's really about withdrawing without recharging. As long as you are not greedy for multiples, no one can liquidate you. The correct approach should be to reduce the multiples, extend the time, use time to exchange for space, and gradually accumulate wealth through certain trades, taking it step by step. Let's roll the snowball together this winter~
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