2025-12-30 02:23:31

ZEC recently experienced a fierce rally, reaching a new high of 555 yesterday. At the 550 level, there were nearly 3000U in pending orders stacked up, indicating active market participation. Interestingly, the liquidation price for short positions on a certain exchange was firmly pinned around 800, and I heard they added margin to defend the price, closing out a 3000U ETH short position.

What’s more worth noting is the performance of the funding rate—on a major exchange, the rate surged yesterday. Such abrupt changes usually indicate that large traders are quietly positioning for a short squeeze. Considering the overall market is still relatively weak, this wave of ZEC might just be a temporary rebound. Now, patience is key—wait for subsequent dip-buying opportunities and avoid rushing to chase the high.

ZEC0.03%

ETH-2.28%

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AirdropHunterWang

· 4h ago

555 has peaked, right? The rate hike is a signal that big players are setting up short positions. Waiting for the dip to be filled.

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VirtualRichDream

· 4h ago

555 has broken support and you're still hyping it? The rate has surged so aggressively that you should have been cautious. Big players are shorting and positioning, let's wait and see the follow-up decline.

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SelfCustodyBro

· 4h ago

555 hits a new all-time high, looks exciting, but the sudden spike in fees is a bit strange... Big players might be laying traps for the bears --- This rebound is really fierce, but I still think we should wait, don’t rush to get in --- The order pile at 550 with 3000U feels like testing the ceiling, a correction is definitely coming later --- The move to support the market was a bit aggressive, do you think this can really stabilize things? --- The way the funding rate is being manipulated... I’m a bit worried, but let’s just watch for now --- I think ZEC hitting 555 looks pretty good, but the market is weak, this is just a rebound, right? --- Waiting for the correction, no need to FOMO, what are you all so anxious about? --- The liquidation price pinned at 800? That’s interesting, I don’t quite understand the operation behind this

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