Recently monitoring ZEC's market movements, there have indeed been some noteworthy technical signals.
Yesterday, ZEC executed a large order of 7000U within the 530-540 range. From the current technical perspective, a wave of upward spikes is highly likely to occur next. The issue is that this spike may be followed by a wave of liquidation orders—especially those traders who have established high-leverage positions below 600, which poses a significant risk.
I analyzed the liquidation prices of large traders and whales and found they are highly concentrated in the 550-580 range. If the price triggers this zone, a chain reaction of liquidations could be activated, and the spike pattern may not be far off. The good news is that ZEC's market cap is substantial, so the magnitude of the spike probably won't be too exaggerated. Historically, a fluctuation of around 10% is quite common.
**Recent Trading Recommendations**:
For friends trading with high leverage, caution is especially important during this period. If you are holding medium to long-term positions, it’s advisable to keep your liquidation price around 800 to ensure better sleep quality.
Here's a suggested approach: once the price breaks above 550, stop rolling over shorts and add to your positions; if it reaches 600, simultaneously stop rolling over and add to your longs.
If your margin is sufficient, grid trading strategies still have a chance in this market. You can gradually add positions in batches. However, traders with tight margins should avoid impulsively adding more, as the risk will multiply. At minimum, ensure your liquidation price stays above 700, with a safety line locked at 800.
The smartest move right now is to patiently wait for the market to choose a direction. The monthly trend of Bitcoin is still unclear, and other cryptocurrencies are likely to follow the lead of the main coin, so there's no need to rush into all-in positions—just observe and wait.
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NFTregretter
· 1h ago
It's that 530-540 magic price again, every time a wave of people has to die.
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wagmi_eventually
· 9h ago
I also noticed the liquidation zone around 550-580. Just waiting to see who will start bleeding first.
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CounterIndicator
· 9h ago
It's the night before another wave of liquidations. Time to watch the show.
ZEC is really exciting; let's see how those in the 550-580 range get wiped out.
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ReverseTradingGuru
· 9h ago
The 550-580 range really can't hold, once triggered it will lead to a chain of liquidations... just watching it makes people nervous.
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Playing with high leverage now? Sleep quality is secondary; liquidation is the main concern haha.
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Wait, is the grid strategy you mentioned really a chance or just self-delusion?
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This wave of ZEC market movement, Bitcoin hasn't even stabilized yet, probably all just cannon fodder in a rush.
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Those who still dare to add positions when margin is tight are truly brave warriors.
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The 800 safety line sounds good, but the real question is whether it can be maintained when the time comes.
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A large order of 7000U appeared yesterday; isn't it a bit late to analyze now?
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Is the smartest move just to wait? Then won't the smart people just keep waiting forever?
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NFTragedy
· 9h ago
The 550-580 wave of liquidations, in my opinion, is just a trap set by the whales. Don't fall for their tricks.
High leverage and rolling positions again, it's exhausting. Just hold long-term or mid-term, sleep is the top priority.
Bitcoin is directionless this wave. Following the trend is like giving away money. It's better to wait and see what happens.
A 10% fluctuation in ZEC is already a big event. Don't expect quick profits from sudden spikes; avoiding liquidation is already a win.
Those who still dare to add positions when margin is tight really want to experience the feeling of liquidation.
View OriginalReply0
BridgeJumper
· 9h ago
The 650 level is really a bottleneck; if you're not careful, it could lead to a loss.
View OriginalReply0
DegenApeSurfer
· 9h ago
Be really careful around the 550-580 range. Once a liquidation chain triggers, ZEC will skyrocket... Damn, I have to watch Bitcoin's mood again.
Recently monitoring ZEC's market movements, there have indeed been some noteworthy technical signals.
Yesterday, ZEC executed a large order of 7000U within the 530-540 range. From the current technical perspective, a wave of upward spikes is highly likely to occur next. The issue is that this spike may be followed by a wave of liquidation orders—especially those traders who have established high-leverage positions below 600, which poses a significant risk.
I analyzed the liquidation prices of large traders and whales and found they are highly concentrated in the 550-580 range. If the price triggers this zone, a chain reaction of liquidations could be activated, and the spike pattern may not be far off. The good news is that ZEC's market cap is substantial, so the magnitude of the spike probably won't be too exaggerated. Historically, a fluctuation of around 10% is quite common.
**Recent Trading Recommendations**:
For friends trading with high leverage, caution is especially important during this period. If you are holding medium to long-term positions, it’s advisable to keep your liquidation price around 800 to ensure better sleep quality.
Here's a suggested approach: once the price breaks above 550, stop rolling over shorts and add to your positions; if it reaches 600, simultaneously stop rolling over and add to your longs.
If your margin is sufficient, grid trading strategies still have a chance in this market. You can gradually add positions in batches. However, traders with tight margins should avoid impulsively adding more, as the risk will multiply. At minimum, ensure your liquidation price stays above 700, with a safety line locked at 800.
The smartest move right now is to patiently wait for the market to choose a direction. The monthly trend of Bitcoin is still unclear, and other cryptocurrencies are likely to follow the lead of the main coin, so there's no need to rush into all-in positions—just observe and wait.