This position is currently not strong for shorts 😅
安知予之乐
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ZEC
If the long position below is completely liquidated now, it really shouldn't be surprising. Because this is the thickest liquidation zone on the chart, and there isn't a decent liquidation band all the way up to the "real strong magnet" around 420 dollars.
This is also why the prices of popular coins always fluctuate — as soon as there's a hint of a reversal, everyone rushes in to open positions.
A reversal may indeed come, but the market never makes it easy for you to make money.
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