ZEC has been doing the same thing on its own smaller battlefield... tracked ZEC futures recorded around $1.35M shorts vs $520K longs liquidated on Sept 22, after several much larger short-liquidation sessions earlier in the rally.
Now the levels i am watching are simple...
$BTC: $87.4K → $88K next resistance
$ZEC: $1,650 → $1,680 area next
I have been bullish on both... but especially ZEC while people kept waiting for that magical dump back below $500 😂
Momentum is strong, shorts are getting squeezed and BTC finally broke that long-held $82K resistance...
Just don't turn bullish momentum into an excuse for stupid leverage now 😁
