ZEC: Summary of the discussion in the Shuqin silencing group (21:00:11 ~ 22:00:11)

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1. The current recommendation is clearly bearish on ZEC, believing that the current price still has room to fall, presenting a "good short to short." The fact that "Bitcoin has fallen for six consecutive months, hitting a record low" suggests overall market weakness, making a substantial rebound in ZEC unlikely in the short term. This is seen as a pullback after a "price surge," and blindly long is not recommended. 2. Position and Risk Management Recommendations: A heavily leveraged short strategy is recommended, emphasizing "aggressive short." However, careful risk management is crucial. Setting strict stop-loss orders is advised to prevent losses from a potential rebound. While specific profit-taking and stop-loss prices are not explicitly stated, the strategy implies a quick exit in the short term to avoid prolonged holding. 3. Suitable for aggressive short-term speculators. Based on the current market panic caused by the continued weakness of Bitcoin and the easing of geopolitical tensions (Iran backs down, the US and Iran stop fighting), it emphasizes that "a rebound is a window of opportunity to escape", reminding traders to enter and exit quickly, not to linger in the market, and to seize the opportunity to short on short.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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