Let's have a specific discussion about the next trade preview.
I heard that institutions are entering Bch, but I don't know if it's true or not, I haven't looked into it. But it will definitely come down. The aggressive traders mentioned last time that around 650 is a good point to go long with double leverage. Under extreme conditions, it might go to around 720. Clearly, if I remain conservative, I will wait for my signal!
ZEC's rally has been quite strong, from 460 to over 500 in the blink of an eye, trapping a bunch of late shorts. I actually shorted this coin a month ago around 600~700, but ZEC just isn't worth that price. It's still the same; unless it goes back up to 700, I will definitely short again. However, given its severe market manipulation, I will temporarily focus on Bch.
Zec, I shorted this coin from 590 all the way up to 710 on my other accounts, shorted until it was listed on Gate and watched it get cut in half, then closed the position. Now it seems like it wants to rally again, it's already at 460, but I actually think there's not much potential unless it pulls back to 700.
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The previous alt long position has ended.
Let's have a specific discussion about the next trade preview.
I heard that institutions are entering Bch, but I don't know if it's true or not, I haven't looked into it. But it will definitely come down. The aggressive traders mentioned last time that around 650 is a good point to go long with double leverage. Under extreme conditions, it might go to around 720. Clearly, if I remain conservative, I will wait for my signal!
ZEC's rally has been quite strong, from 460 to over 500 in the blink of an eye, trapping a bunch of late shorts. I actually shorted this coin a month ago around 600~700, but ZEC just isn't worth that price. It's still the same; unless it goes back up to 700, I will definitely short again. However, given its severe market manipulation, I will temporarily focus on Bch.