$ZEC
This wave of the market is really hard to understand. Now it has surged to over 800. What exactly justifies such a large increase? Can it steadily hold the 800 level? Many people are thinking about shorting, but if this momentum continues, is there really a chance to catch up with Ethereum?
The 800 price level already looks very high, but no one can be sure if it will continue to rise, aiming for 900 or even 1000.
If BTC and ETH keep pushing upward, ZEC is very likely to be further propelled, and its price might even approach Ethereum.
On the other hand, the shorts in the market seem to be suppressed by this short squeeze.
The contradiction here is very real: if BTC and ETH enter a consolidation phase, ZEC could quickly fall back; but if the market continues to strengthen, its upward momentum will be even more intense. At that time, shorting rashly could easily lead to being crushed by the market.
$BTC
$ZEC
This wave of the market is really hard to understand. Now it has surged to over 800. What exactly justifies such a large increase? Can it steadily hold the 800 level? Many people are thinking about shorting, but if this momentum continues, is there really a chance to catch up with Ethereum?
The 800 price level already looks very high, but no one can be sure if it will continue to rise, aiming for 900 or even 1000.
If BTC and ETH keep pushing upward, ZEC is very likely to be further propelled, and its price might even approach Ethereum.
On the other hand, the shorts in the market seem to be suppressed by this short squeeze.
The contradiction here is very real: if BTC and ETH enter a consolidation phase, ZEC could quickly fall back; but if the market continues to strengthen, its upward momentum will be even more intense. At that time, shorting rashly could easily lead to being crushed by the market.
$BTC
$ZEC