$ZEC shorts are getting crowded but the market still hasn’t given them the squeeze.
Around 64% of accounts are short, and top-trader accounts are even more short-heavy at roughly 65%.
That immediately gets my attention.
But here’s the part I wouldn’t ignore:
Top-trader position size is almost balanced and slightly net long, while recent taker flow still shows sellers hitting the market harder.
So this isn’t a clean “short squeeze incoming” call yet.
$ZEC is trading around $1,539, after already making a huge run, and now the market is sitting in a zone where both sides can get trapped.
For me, $1,558–$1,565 is the first line that matters.
Reclaim and hold that area, and crowded shorts could start becoming fuel toward $1,595–$1,625.
Lose $1,510–$1,500, and the squeeze thesis weakens quickly.
The interesting trade here isn’t predicting the next candle it’s watching which crowded side gets forced out first.
Short squeeze first, or deeper flush?
NFA. $ZEC remains highly volatile.
Around 64% of accounts are short, and top-trader accounts are even more short-heavy at roughly 65%.
That immediately gets my attention.
But here’s the part I wouldn’t ignore:
Top-trader position size is almost balanced and slightly net long, while recent taker flow still shows sellers hitting the market harder.
So this isn’t a clean “short squeeze incoming” call yet.
$ZEC is trading around $1,539, after already making a huge run, and now the market is sitting in a zone where both sides can get trapped.
For me, $1,558–$1,565 is the first line that matters.
Reclaim and hold that area, and crowded shorts could start becoming fuel toward $1,595–$1,625.
Lose $1,510–$1,500, and the squeeze thesis weakens quickly.
The interesting trade here isn’t predicting the next candle it’s watching which crowded side gets forced out first.
Short squeeze first, or deeper flush?
NFA. $ZEC remains highly volatile.