$ZEC This retracement is definitely a trap for shorts. The bears who entered above 600 have not closed their profit positions, totaling a whopping 30 million USD. This pullback is surely designed to lure newbies into shorting, tricking profit-takers into thinking it will continue to drop. Then, the whale could pull a reversal at any moment, sending it skyrocketing to 700, trapping the new shorts and forcing profit-takers to give back their gains. Hehe, I see right through the whale's little scheme. I'm going all in with a 196,000 USD position, entry price at 562, and liquidation price at 518!