ZEC's recent performance has indeed caught the attention of many. It surged from a low point to $538 in a short period, with trading volume skyrocketing, and the RSI indicator soaring to 84—such a trend easily excites people, and some even start shouting for a target price of $600.



But the question is: Is this rally a genuine breakout or a carefully orchestrated trap? The technical analysis can reveal the clues. With RSI above 84 and the price breaking out of the upper Bollinger Band, this is a classic overbought signal. Generally speaking, this is the point to be cautious.

What's even more interesting is the real game happening in the market. On the surface, large traders are buying, and trading activity is heating up, but the whales' short positions remain untouched. What does this mean? Although the bulls and bears are fighting, no consensus has been formed. Some are optimistic, while others are already laying the groundwork for shorting. Under such circumstances, market stability is often fragile.

Retail investors are easily blinded by temporary gains; their account balances are skyrocketing, and they start dreaming of the next limit-up. But there's an old saying in the crypto world: "Those who buy are apprentices; those who sell are masters." What is the essence of manipulation? It's not to make everyone money, but to invite more people to join—the real show begins when the time is right.

If you currently hold ZEC, especially if you've already seen good unrealized profits, now is a good time to seriously consider taking profits in stages. Don't be blinded by the momentum of the rise. The numbers on the screen look tempting, but only the money actually withdrawn is truly yours. Market volatility can change in an instant; paper wealth can disappear in the blink of an eye. Protect your existing gains; it's often wiser than chasing the next surge.
ZEC2.63%
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AGoodPositionIsWaitedFor.vip
· 2m ago
The market is unpredictable, but once you make a prediction, you're still destined to be a rookie. All long positions were cleared at 540; no matter how much it rises, it has nothing to do with me. The 123 rule tracking strategy currently shows no bearish signals. I have taken profits on the bullish side here. The accelerated upward trendline has been broken; draw a new trendline at the new high. Be patient and wait for a breakout. If it doesn't break, keep pushing. I will continue drawing trendlines until the last low is broken, and the bearish army enters the market steadily.
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SerumDegenvip
· 2h ago
rsi at 84 and whales still holding shorts? yeah this pump screams exit liquidity to me ngl
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airdrop_whisperervip
· 2h ago
538 is surging, and the whale's short positions are still tightly held, which clearly indicates the issue.
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ColdWalletAnxietyvip
· 2h ago
538 has come here, and the whales are still holding short positions. This is really outrageous. --- RSI has soared to 84, and you're still chasing? Are you looking for death? --- It's the same old trick again: watching unrealized gains feel good, but only realize the pain when selling. --- Being able to sell is the real master. This statement is spot on. Everyone around me only knows how to buy. --- Listen to this advice on partial take-profit. Don't wait until the price drops to regret it. --- The rhythm of trap trading is becoming more obvious. Retail investors will continue to be the victims. --- The whales haven't let go, which means the story isn't over yet. Be careful. --- It seems no one dares to take the final shot. That's the most terrifying part. --- 600 bucks? Are you joking? The timing of selling off is much more important than calling out buy/sell signals.
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DAOdreamervip
· 2h ago
538, no matter how you look at it, this position seems a bit risky. I don't dare to go all-in until the whales close their short positions. Paper wealth is really the most deceptive; I've seen too many people die here. RSI84, aren't you saying goodbye to me... The biggest enemy of retail investors is their own greed, I'm serious. Pulling the market to invite others to join, only to realize who the real old chives are when selling. Taking profits in stages when floating gains, this works better than any technical indicator. Why wait to take profits? Waiting for an explosion?
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Whale_Whisperervip
· 3h ago
The whales haven't let go, which is enough to illustrate the issue. Retail investors should be alert.
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