#美联储重启降息步伐 ZEC's recent market movement is worth a calm review.
Let's look at the data first: in the past hour, short liquidations were 61 times higher than long liquidations. This kind of one-sided, stampede-style surge is a classic short squeeze. AI monitoring shows continuous capital inflows, but here's the issue—RSI has already surged to 74.7, entering a deep overbought zone. Historical experience tells us that chasing the rally in this state often means you're left holding the bag.
So the current strategy is clear: stay put and wait for a pullback opportunity.
To be honest, I don't really recommend touching the $404 level. There are two key pullback zones worth watching: first, $395-400, which is the newly broken out platform support and is technically solid; second, an even better spot is $385-390—if it drops there, that's a golden opportunity with a very attractive risk-reward ratio.
A stop-loss must be set: $375 is the lifeline. If it breaks below this, the entire bullish thesis may be in trouble, and it's time to exit.
Looking up, the short-term target is to see if it can reclaim the previous high at $422. If a real breakout is confirmed, there's room to imagine $455 or even higher. But honestly, where we are now feels like the tail end of the rally—looks exciting, but there's not much profit left to catch.
Patience is worth more than impulse. Waiting for the market to offer a reasonable entry price is far wiser than gambling on direction at the top. After all, in trading, the depth of your understanding determines how far you can go—follow me to break down the underlying logic behind every move.
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Fren_Not_Food
· 7h ago
Shorts got completely crushed—this is just a short squeeze trap.
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NftRegretMachine
· 7h ago
Daring to chase with an RSI of 74.7, are you tired of living?
View OriginalReply0
MetaverseHermit
· 8h ago
Daring to chase with an RSI of 74.7, you must really want to lose money.
#美联储重启降息步伐 ZEC's recent market movement is worth a calm review.
Let's look at the data first: in the past hour, short liquidations were 61 times higher than long liquidations. This kind of one-sided, stampede-style surge is a classic short squeeze. AI monitoring shows continuous capital inflows, but here's the issue—RSI has already surged to 74.7, entering a deep overbought zone. Historical experience tells us that chasing the rally in this state often means you're left holding the bag.
So the current strategy is clear: stay put and wait for a pullback opportunity.
To be honest, I don't really recommend touching the $404 level. There are two key pullback zones worth watching: first, $395-400, which is the newly broken out platform support and is technically solid; second, an even better spot is $385-390—if it drops there, that's a golden opportunity with a very attractive risk-reward ratio.
A stop-loss must be set: $375 is the lifeline. If it breaks below this, the entire bullish thesis may be in trouble, and it's time to exit.
Looking up, the short-term target is to see if it can reclaim the previous high at $422. If a real breakout is confirmed, there's room to imagine $455 or even higher. But honestly, where we are now feels like the tail end of the rally—looks exciting, but there's not much profit left to catch.
Patience is worth more than impulse. Waiting for the market to offer a reasonable entry price is far wiser than gambling on direction at the top. After all, in trading, the depth of your understanding determines how far you can go—follow me to break down the underlying logic behind every move.