$ZEC privacy narrative is everywhere right now, first time it's shown up loud like this. so we checked what's under the $ZEC move.
volume running 2.5x normal pace on a +17.8% day, that's real turnover not a thin candle. open interest up 3.5% in hours, fresh size actually entering. but crowd is 28/72 long/short, this thing is crowded short into a rally.
so the "fomo" everyone's warning about isn't longs piling in, it's shorts trapped and getting squeezed. watching if that short base capitulates or adds. NFA
volume running 2.5x normal pace on a +17.8% day, that's real turnover not a thin candle. open interest up 3.5% in hours, fresh size actually entering. but crowd is 28/72 long/short, this thing is crowded short into a rally.
so the "fomo" everyone's warning about isn't longs piling in, it's shorts trapped and getting squeezed. watching if that short base capitulates or adds. NFA
