In the past few days, retail investors have been continuously frustrated in the leveraged battle over ZEC. Although they have been desperately shorting the recent upward trend, medium-sized and whale wallets have been silently taking over, effortlessly "absorbing" the money from retail investors, leading to short sellers being squeezed.

Retail investors ($0–1,000): There has been a frenzy of selling in the past week, wave after wave. Initially thinking of shorting the rise and consolidation, their own funds instead became the liquidity of the market, used to support prices upwards.

Medium-sized wallets ($1,000–100,000): They have been buying aggressively and continuously, showing no mercy.

Whale wallets ($100,000–10,000,000): The buying pressure has been the strongest, ultimately locking in the price trend. These big players have gradually absorbed all of the retail investors' sell orders, and the supply is even more than this.

The market momentum has clearly changed direction, but retail investors are still fixated on the local top, thinking about shorting. The reality is that the buying pressure is too strong to shake the chart patterns. Continuing to short this upward trend carries significant risk.