#美国ADP就业数据表现超出市场预期 ZEC The fierce battle between longs and shorts is alarming. Data from November 7 shows that in just one hour, the liquidation amount exceeded 6.11 million dollars, and what's even more severe is that the short positions were almost completely wiped out—liquidations accounted for over 98%, clearly indicating that the longer side was playing people for suckers.

Looking at the position data, it's even more exaggerated: the current contract positions have reached 1.6155 million pieces (equivalent to about $884 million), skyrocketing by 19% in 24 hours. Reviewing ZEC's performance over the past few months, the increase has already exceeded ten times, with large funds and high-leverage players continuously entering the market to push up the stakes.

However, this combination of rapid price increases and a surge in positions also amplifies the volatility risk. Special attention should be paid to the safety margin of the liquidation line for ZEC, MMT, and ETH in the near term.