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Brothers, don't stop me, I really have to do it this time! ZEC, get ready to die!
1. ZEC is indeed a bit arrogant now, starting at 200, facing resistance at 330, retracing 10%, and already reaching 380, rising 100% in just a week! But now, its good days are also coming to an end. How should we short it?
2. Currently, ZEC's resistance is around 415. As we approach this level, I will start to short. Enter in stages between 400-415, first look at 375 for a pullback, then at 350. It has risen 100% in the short term, but the pullback space is very large.
3. I have already explained our strategy in the past few days, which is to buy on dips after a ceasefire. So initially, when ZEC and various altcoins rose, we didn't pay attention to it. But no coin can rise endlessly; 400 is a threshold. At this point, I will choose to act. Also, CPI data will be released tonight, which could cause big volatility. We must pay attention to this.
4. Besides that, we still buy Bitcoin on dips to arbitrage. Currently, support is around 71k and just above 70k. When it reaches these levels, I will choose to buy another position. These days, our Bitcoin longs have been very successful. Yesterday, we bought at 71,000, and the order was placed. We successfully took profit at the previous high of 72.7k. Now, if it comes back, we can add another position. But if the price approaches the resistance at 74k, I won't want to long anymore.
5. So, our operations must focus on the core logic of the market. During the war, we shorted on rallies and held the short for nearly a month. Now that there's a ceasefire, we've been buying on dips these days. When the fundamentals change, our actions must change quickly. The sooner, the better to catch the first wave of profits.
6. I deeply understand that the market is always right. It doesn't need to adapt to us; rather, we should adapt to the market. After the previous easy rebounds, profit-taking will increase, and the difficulty of making money in subsequent operations will also rise. We should observe actively, proceed steadily, and make bold moves at key points.