$ZEC Up 18% in two days?
Note: Grayscale’s Zcash ETF saw $59 million in outflows in October, with zero subscriptions since September 22—even as the coin price rose 11%, institutions kept running!
ETF down 2.42% in a single day vs. coin price up 9%—redemption pressure is weighing it down!
The rebound is entirely driven by short-covering and speculative rotation; BTC spot is just as weak!
Still 25% below the September high of $1,699—the downtrend remains intact!
Direction: Short. Go straight in!
Market order: Enter at market at 1,268
Limit-order traders: Short a bounce at 1,295
Targets: Take half off at 1,180 → 1,120 → close out at 1,050
Stop-loss: 1,310 (1,330 for limit orders)
Short! 🔥
⚠️ For reference only; this is not investment advice. Skip this trade if the price deviates by 1%.
#zcash24小时上涨8.5%
Note: Grayscale’s Zcash ETF saw $59 million in outflows in October, with zero subscriptions since September 22—even as the coin price rose 11%, institutions kept running!
ETF down 2.42% in a single day vs. coin price up 9%—redemption pressure is weighing it down!
The rebound is entirely driven by short-covering and speculative rotation; BTC spot is just as weak!
Still 25% below the September high of $1,699—the downtrend remains intact!
Direction: Short. Go straight in!
Market order: Enter at market at 1,268
Limit-order traders: Short a bounce at 1,295
Targets: Take half off at 1,180 → 1,120 → close out at 1,050
Stop-loss: 1,310 (1,330 for limit orders)
Short! 🔥
⚠️ For reference only; this is not investment advice. Skip this trade if the price deviates by 1%.
#zcash24小时上涨8.5%