This wave of ZEC short positions has indeed accumulated too much, and I realize this might not be the optimal trading direction. The most prudent approach at this stage is to be patient and wait, rather than rushing to chase highs or add positions.



Let's talk about Ethereum's technical outlook—between 2966 and 2991, you can consider lightly shorting, but be sure to set a defense at 3005. If the price breaks above this defense level again, it's likely encountering a stubborn manipulator who refuses to let go, and at that point, it's time to admit defeat and exit.

Currently, the monthly chart is approaching the closing point, and both the monthly and yearly levels are facing obvious resistance. The market is about to experience some volatility, so everyone should operate with light positions and avoid letting trades become a psychological burden. The monthly chart has an upward breakout demand, but it's still uncertain how high it can push, so continuous observation is needed.
ZEC0.03%
ETH-2.28%
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MentalWealthHarvestervip
· 6h ago
There are so many short positions accumulated; it's definitely time to close them. Continuing to hold and fight is just courting death.
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AirdropBuffetvip
· 6h ago
There are indeed too many short positions piled up, and it's time to reflect. At such moments, you need to stay put and not follow the trend blindly. Try shorting between 2966-2991, but must hold firm at 3005. If it breaks, run immediately; don't compete with the market maker. At this critical point on the monthly chart, it's better to hold a light position and avoid making the account a burden. Waiting to see the clear trend is much better than rushing into action. Honestly, this position is really hard to judge; observing and waiting is never wrong.
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BackrowObservervip
· 6h ago
It's the same pattern again. The ZEC short positions are piling up, and I've seen it coming. Just waiting to see who gets crushed. ETH at this level is really dangerous. 3005 must be defended at all costs, or else the big players will swallow you whole—it's a small matter. Regarding the monthly chart at this point, I really can't see through it. Better to reduce positions and preserve your life first.
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DefiVeteranvip
· 7h ago
The accumulation of short positions has been obvious for a long time; the big players love to exploit this. I really don't understand ZEC; it's better to just lie low for now. ETH is indeed tempting at this level, but 3005 must be held, or else it's a trap. With such strong monthly resistance, why still try to push? I'll choose to keep sleeping. Admitting defeat and exiting is the true wisdom; don't fight the market makers to the death.
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OnchainDetectivevip
· 7h ago
The short positions are so stacked up, it's really time to reflect. Making money quietly is more enjoyable. The 3005 level is quite stubborn. If the big players really want to fight, just admit defeat and don't force it. The monthly line at this position is indeed hard to judge. First, reduce the position size and observe, don't add unnecessary stress to yourself. ZEC this wave is a bit awkward, let's wait and see. Light positions, light positions—that's the real principle. A stress-free mind allows the account to go further.
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