$ZEC This rally is quite interesting: it rose 1.16% in 15 minutes, but the trading volume was 4.5 times normal. The price is moving up while volume is unusually expanding, active buying is dominant, and the buy/sell ratio has reached 1.35 — a classic short-covering move.
Short-term OI has edged down, while contract notional change has surged, suggesting funds are rotating positions rather than opening new ones. What really deserves attention is that the 5m liquidation proxy directly spiked to 1.48M, with buying heavily concentrated — someone just got wiped out.
Don’t rush to chase it. After this kind of volume-price impulse, there is usually a pullback and confirmation phase. Wait for the 15m to hold steady before considering entry. $ZEC this is a moment of battle.
Short-term OI has edged down, while contract notional change has surged, suggesting funds are rotating positions rather than opening new ones. What really deserves attention is that the 5m liquidation proxy directly spiked to 1.48M, with buying heavily concentrated — someone just got wiped out.
Don’t rush to chase it. After this kind of volume-price impulse, there is usually a pullback and confirmation phase. Wait for the 15m to hold steady before considering entry. $ZEC this is a moment of battle.