focus on the $ZEC
chart.
Price has dropped to $1,230. The 24-hour change is negative 6.43%. Market structure is bearish.
Look at the whales. They are distributing. 70% sell pressure against 28% buy pressure. Exchange inflows are rising, meaning coins are moving to sell.
The funding rate is negative 1.0000%. The long/short ratio is 0.71x. The model shows a 40% long squeeze probability. A stop-loss hunt is detected at 51%, targeting buy-side liquidity.
My lesson for today: Do not catch this falling knife. The trend is down. There is no active trade setup on the screen.
Wait for the price to stabilize. If you want to short, wait for a relief bounce and rejection. Otherwise, sit on your hands. Protect your capital.
chart.
Price has dropped to $1,230. The 24-hour change is negative 6.43%. Market structure is bearish.
Look at the whales. They are distributing. 70% sell pressure against 28% buy pressure. Exchange inflows are rising, meaning coins are moving to sell.
The funding rate is negative 1.0000%. The long/short ratio is 0.71x. The model shows a 40% long squeeze probability. A stop-loss hunt is detected at 51%, targeting buy-side liquidity.
My lesson for today: Do not catch this falling knife. The trend is down. There is no active trade setup on the screen.
Wait for the price to stabilize. If you want to short, wait for a relief bounce and rejection. Otherwise, sit on your hands. Protect your capital.