$ZEC The intention in this dog-group move is way too obvious—it’s clearly targeting to strangle the air force!
Look at the data: a single liquidation burst is almost 7 million U; in 24 hours the air force was wiped out for over 51 million U. The logic is simple: the more stubborn retail traders hold on, the more the dog-group pushes up—and the higher they push, the more it gets liquidated. They hard-pushed the price to this level purely by using the “flesh and blood” of air-force liquidations.
This kind of extreme short-squeeze show can’t go on forever. Everything that needed to blow up has blown up already. I don’t believe there’s anything left to push higher. I won’t chase longs here; I’ll go the other way and enter a short instead—betting on the waterfall after the dog-group finishes off the air force.