$ZEC just faded another rally and the longs are getting wrecked again. Open interest is still sitting around $2.65B — leverage hasn't cleared out yet.
This is what happens when traders keep piling in without waiting for actual confirmation. Every bounce gets sold, every breakout fails, and the market keeps resetting overleveraged positions.
How many more fake pumps before people stop chasing?
If you're still holding long exposure here, tighten your stops or size way down. This isn't a dip to buy — it's a structure that's still breaking longs on every move up.
Wait for OI to drop and price to actually hold support before you reload. Don't be the exit liquidity.
This is what happens when traders keep piling in without waiting for actual confirmation. Every bounce gets sold, every breakout fails, and the market keeps resetting overleveraged positions.
How many more fake pumps before people stop chasing?
If you're still holding long exposure here, tighten your stops or size way down. This isn't a dip to buy — it's a structure that's still breaking longs on every move up.
Wait for OI to drop and price to actually hold support before you reload. Don't be the exit liquidity.
