$ZEC The long positions on this board have already been squeezed out!
There are 2.5 billion-plus in long orders stacked on top—an amount more than four times the short side!
Now the long and short positions are seriously imbalanced. The longs have 1,086 people holding nearly 260 million U, while the shorts only have over 60 million U. As soon as the board is hit down a little, if the longs just run a bit, the selling pressure will be nowhere near comparable to the shorts.
And besides, the longs’ unrealized profit is already over 70 million U. With this kind of huge profit sitting on the table, who would keep holding it without locking it in? Any slight weakening means everyone will scramble to get out early!
Go short directly here—the more crowded the longs are, the harder the drop will be later!
There are 2.5 billion-plus in long orders stacked on top—an amount more than four times the short side!
Now the long and short positions are seriously imbalanced. The longs have 1,086 people holding nearly 260 million U, while the shorts only have over 60 million U. As soon as the board is hit down a little, if the longs just run a bit, the selling pressure will be nowhere near comparable to the shorts.
And besides, the longs’ unrealized profit is already over 70 million U. With this kind of huge profit sitting on the table, who would keep holding it without locking it in? Any slight weakening means everyone will scramble to get out early!
Go short directly here—the more crowded the longs are, the harder the drop will be later!
