#ZEC This bull market was pulled out by ZEC. The fuse of the bull run. At the moment, the big coin (BTC) can’t exceed 88600; ETH is 2888. If it goes above, then the next lower range opens again, and it will still have to pump.
Within half a month, BTC will pull back to 82360, and ETH will pull back to 2468. Right now it’s empty space in the market—against the trend. Try to take profit and cash out when it’s good. We ourselves are looking to open longs at 2280–2320. With the rate-hike news as a negative catalyst sitting right there—being at 2360, we don’t dare open longs.
This round of upswing was already seen months ago. Back then I said this rally might be in the range of 2760–2840, but nobody believed it. When it was 1530–1600, I was taking longs every day. Watching people short and catch rebounds, I kept going short every day and eating meat every day. People who rode that 1580–1780 range likely didn’t survive. A bunch of them were completely wiped out and bankrupt in one wave. Now this “mindless money-making” long is just like that—1580–1780 was a batch of greenhorns. If many of you didn’t run into me (even though many times I looked a bit狼狈), then the kind of trades shown in Picture 2—this is many people’s ending.
The night 4206 was pumped up to 4960 was also the result of options settlement: a violent pump to get the dog-shuffle (manipulators) to distribute their holdings. Bear market begins.
The gains over these three months mainly came from bottom-fishing at low prices and the multi-heads who were trapped last quarter finding resonance and launching a break. The strong momentum that followed.
This quarter’s options settlement means roughly 200,000–400,000 BTC could be realized at any time. Even if the longs look tempting, you still have to consider human nature first. I’m absolutely not going to lead people to chase longs.
After settlement, if BTC rallies, ETH can only “go to the death” at 3080. BTC at 92600. If BTC drops, ETH breaks below 1000—downward from there; BTC down below 36000. For this risk-reward ratio, I choose shorts.
ZEC is safer—play it yourself, or short ZEC above 1530
Within half a month, BTC will pull back to 82360, and ETH will pull back to 2468. Right now it’s empty space in the market—against the trend. Try to take profit and cash out when it’s good. We ourselves are looking to open longs at 2280–2320. With the rate-hike news as a negative catalyst sitting right there—being at 2360, we don’t dare open longs.
This round of upswing was already seen months ago. Back then I said this rally might be in the range of 2760–2840, but nobody believed it. When it was 1530–1600, I was taking longs every day. Watching people short and catch rebounds, I kept going short every day and eating meat every day. People who rode that 1580–1780 range likely didn’t survive. A bunch of them were completely wiped out and bankrupt in one wave. Now this “mindless money-making” long is just like that—1580–1780 was a batch of greenhorns. If many of you didn’t run into me (even though many times I looked a bit狼狈), then the kind of trades shown in Picture 2—this is many people’s ending.
The night 4206 was pumped up to 4960 was also the result of options settlement: a violent pump to get the dog-shuffle (manipulators) to distribute their holdings. Bear market begins.
The gains over these three months mainly came from bottom-fishing at low prices and the multi-heads who were trapped last quarter finding resonance and launching a break. The strong momentum that followed.
This quarter’s options settlement means roughly 200,000–400,000 BTC could be realized at any time. Even if the longs look tempting, you still have to consider human nature first. I’m absolutely not going to lead people to chase longs.
After settlement, if BTC rallies, ETH can only “go to the death” at 3080. BTC at 92600. If BTC drops, ETH breaks below 1000—downward from there; BTC down below 36000. For this risk-reward ratio, I choose shorts.
ZEC is safer—play it yourself, or short ZEC above 1530
