$ZEC For ZEC at present according to analysis
Many exchanges are reporting ZEC funding around -0.03% to -0.05%. Combined with the fact that ZEC’s price is strongly rising on spot—higher prices indicate large buying volume and trading volume.
Short positions are under pressure (having to pay funding + price moving against them).
There is a possibility of a short squeeze if the price continues to push up, forcing shorts to close positions $ZEC is still set to rise further
Many exchanges are reporting ZEC funding around -0.03% to -0.05%. Combined with the fact that ZEC’s price is strongly rising on spot—higher prices indicate large buying volume and trading volume.
Short positions are under pressure (having to pay funding + price moving against them).
There is a possibility of a short squeeze if the price continues to push up, forcing shorts to close positions $ZEC is still set to rise further