#美联储重启降息步伐 $ZEC $ALLO $ETH

💥 ZEC Surges 10% in a Single Day: On-Chain Data Reveals Intensifying Long-Short Divergence

Last night, ZEC saw a sharp rally, with the price touching $388 and the 24-hour gain breaking into double digits. Trading volume surged to the $1 billion level. From a technical perspective, the MACD golden cross combined with an upward RSI shows the bulls in control in the short term.

However, interestingly—there’s more beneath the surface.

On-chain data paints a different picture: despite the bullish sentiment in the spot market and analysts frequently mentioning the “privacy coin value comeback” narrative, the long-short ratio in the futures market is quietly shifting, with a clear increase in short positions. This split between a bullish narrative and bearish actions is something every trader should be cautious of.

🎯 Key price ranges to watch:

• $365 — This is the lifeline for short-term bulls. A drop below could mean the rebound rally ends prematurely.

• $397-$400 — Previous highs and a psychological round number. If bulls can break through, the next target is the $650 area.

• Above $400 — This is a heavily defended short position zone for big players. It’s both a technical resistance and a key battleground for market sentiment.

⚠️ Risk control tip: A leading platform has adjusted ZEC cross-margin collateral rules as of December 8. Traders using leverage must check their position settings to avoid unexpected liquidations due to policy changes.

📊 My personal strategy:

With such a strong market divergence, I choose not to bet on direction, but to wait for confirmation:

1. Hold a tentative short position below $400, with strict stop-loss protection.
2. If the price pushes into the $398-$405 range and shows signs of stalling (like a long upper wick on the hourly chart or RSI bearish divergence), consider scaling into light short positions.
3. Core principle: Don’t try to predict the top—wait for the market to reveal itself at key levels. The crazier the sentiment, the calmer the execution needs to be.

Now is not the time for blind chasing. Will you follow the bulls in their faith-driven rally, or defend at the highs with the whales? The market will answer with the candlesticks.