#zec zec market recap
It should have started on the 15th of this month. Back then, ZEC broke the 1,000 level and managed to hold.
At that time, it reversed and continued to show bullish momentum. We kept calling it bullish all the way, from 1,000 to 1,500.
On the 20th, they called it again—pullbacks kept pointing to going long to enter.
From 1,500 to 1,800, pulling it up to 2,000 is also still possible.
Today it surged above 1,600. Liquidations for short positions totaled 13.4 million USD. Some shorts were blown out, while some others were held through losses; some were also chasing shorts that got liquidated.
With ZEC being this strong, going short isn’t asking for trouble? The upside strength is still dominant. The targets 1,800–2,000 will definitely be reached—can you still hold your short positions below that?
It should have started on the 15th of this month. Back then, ZEC broke the 1,000 level and managed to hold.
At that time, it reversed and continued to show bullish momentum. We kept calling it bullish all the way, from 1,000 to 1,500.
On the 20th, they called it again—pullbacks kept pointing to going long to enter.
From 1,500 to 1,800, pulling it up to 2,000 is also still possible.
Today it surged above 1,600. Liquidations for short positions totaled 13.4 million USD. Some shorts were blown out, while some others were held through losses; some were also chasing shorts that got liquidated.
With ZEC being this strong, going short isn’t asking for trouble? The upside strength is still dominant. The targets 1,800–2,000 will definitely be reached—can you still hold your short positions below that?
