$ZEC I am Zhou Yi. Today, while monitoring the market, I noticed ZEC's unusual movement at a glance—technically, everything is bullish, but the big players are secretly adding short positions! Isn't this plot a bit thrilling?
Technical aspect: The one-hour chart is all shouting 'up'!
First, let's look at this one-hour K-line chart. ZEC is clearly in an upward channel, with the MACD white and yellow lines steadily above the 0 axis, and it has formed a golden cross, which is a typical bullish signal. The resistance levels are at 444.24 and 494.33, while the support levels are 392.66, 350.79, and 308.35.
Simply put, ZEC right now is like a car just filled with gas, charging towards 444. If it breaks through, the next target is 494!
News: Big players shorted at 360 dollars, would you dare to follow?
Interestingly, the large holder known as the 'Calm Order King' increased their ZEC short position around 360 dollars yesterday and is still in a floating profit state. They made 30 million dollars in profit over the past two months, but also almost lost it all — what does this indicate? Even big players can be wrong, especially when going against the trend.
Yijing perspective: first surge, then pull back, support can be used to go long!
In my personal opinion, ZEC is very likely to first hit the resistance level of 444 today, even testing 494. However, after reaching a high, it is highly probable that there will be a pullback, as large holders have their short positions set around 360, and the market needs to digest this level.
The key point: If it stagnates near 444 after the surge, consider going short, targeting the 392-350 range. If it directly drops to around 350, don't panic; that is strong support with a high probability of a rebound!
When everyone follows the 'Order King' to short, it might just be the time when the main force is washing out positions. This wave of ZEC's rise isn't over yet; the pullback is an opportunity for you to get on board. I am Yijing, sharing real trading thoughts and level reminders in the community every day, no fluff, just the truth. If you want to catch the rhythm and avoid traps, follow me, and together we will seize certainty in the volatility#加密市场观察 .
