What happens when longs keep getting rinsed on an alt while the broader market barely moves? Does the flush clear the path, or does it just show how crowded the trade still is?
ZEC LONGS JUST GOT COOKED
Privacy coin bleeding while majors sleep.
~$5M+ liquidated in 24h, almost all longs.
Price sliding under $1,270. Funding still mostly positive.
Who's still paying to hold? $ZEC
$ETH
If funding stays positive while longs keep getting wiped, what does that tell you about the remaining positioning?
ZEC LONGS JUST GOT COOKED
Privacy coin bleeding while majors sleep.
~$5M+ liquidated in 24h, almost all longs.
Price sliding under $1,270. Funding still mostly positive.
Who's still paying to hold? $ZEC
$ETH
If funding stays positive while longs keep getting wiped, what does that tell you about the remaining positioning?
