Crypto friends, I am Rui Shen! Today $ZEC in nearly 4 hours, over 17 million dollars were liquidated across the network, with longs accounting for the vast majority, and the liquidation volume shot to the top of the entire network! Many people get weak at the sight of 'liquidation', but Rui Shen tells you, this may be the most brutal 'washout' before a violent surge. Follow Rui Shen to understand the real language behind the cruelty of the market.
The news aspect is analyzed inversely:
The massive long liquidation precisely indicates that during a certain period, the price experienced severe fluctuations and rapid rises, triggering a large number of stop-losses for high-leverage longs. This concentrated liquidation is essentially a strong 'double kill' of longs and shorts and a washout of floating capital. Once the uncertain longs are swept out of the market in one go, the potential selling pressure will actually be significantly reduced. This is often not the end of the trend but rather paves the way for the next healthier and less resistant rise.
The technical aspect strongly confirms:
The one-hour candlestick chart provides an extremely clear answer. The price is strongly consolidating in the 415-421 range, firmly standing above the key support of 395. Multiple cycles of the technical system give 'strong buy' signals, short-term moving averages are in a bullish arrangement, and the MACD golden cross trend is clear, all indicating that the endogenous driving force for the rise is very strong. Although there is currently pressure in the 420-450 range and volume appears slightly weak, this is precisely the typical posture of energy accumulation before a breakthrough. Once the energy is reaggregated after a large number of liquidations, the upward attack will be much easier.
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Rui Shen's views and operational strategies:
Rui Shen is bullish on ZEC's market today. The core logic is: the massive long liquidation has completed the extreme cleaning of short-term floating capital, and the solid bullish technical structure has not been damaged. This creates excellent conditions for the subsequent light and ready challenge of the previous highs.
It is recommended to adopt a strategy of 'building firmly at low points'. The 415-418 area can be regarded as an ideal entry range for strong consolidation. Once the price breaks through and stabilizes above the key level of 420 with volume, it will likely launch an attack on the pressure level of 450, at which point the upward space will be completely opened.
Crypto friends, the market always rewards the most patient hunters in the cruelest way. When others are scared out of their wits by liquidation, you must see the power of the underlying trend. Follow Rui Shen, and I will take you together, calmly pulling the trigger amidst the blood and storm of the market. #山寨季将至？
