$ZKP's recent trend is quite interesting. Many people see the price continuously falling in spot trading, initially thinking it would keep dropping. However, once the short positions reach a certain level, the price can't seem to stop.
The problem lies here — when too many traders are shorting, there are actually no new sell orders in the market. After 90% of the short positions are liquidated, it instead becomes a trigger for a bullish rally. This trading style is similar to previous patterns, bold and decisive, clearly showing the main players' intentions.
Although it has already fallen quite a bit and looks a bit weak now, based on the energy released from short liquidations, there is still quite a bit of room to go lower. According to the trading rhythm, we might see the price at around 0.1.
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BearMarketMonk
· 01-11 17:05
Shorts rebound immediately after a爆, this套路 is getting boring
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Wait, can it really reach 0.1? Feels a bit悬
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The main force is so恶心, cutting off retail investors one by one
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I just want to know if this time 0.1 will be a false突破 again
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Oh no, got caught by the空头 again, why do I always踏错节奏
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It looks like the main force still has余量, continue to观察
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The energy released from爆仓 sounds like some玄学 haha
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Not追 this time, afraid of being割 again
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MetaLord420
· 01-09 02:53
A short squeeze is a bullish signal. This wave of ZKP is indeed interesting.
The main players are too experienced; seeing 0.1 is not a dream.
This time, it's really not a bearish prediction; the data is right here.
The short army's annihilation actually indicates a bottom, hilarious.
0.1? I'm a bit tempted.
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AirdropDreamBreaker
· 01-09 02:49
Shorts all liquidated and still daring to bet on a decline, truly deserve to be harvested.
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MiningDisasterSurvivor
· 01-09 02:46
I've experienced this set before. How many times have I seen such rebound scams in 2018? Short squeeze ≠ bottom. Beware of the main players flipping and dumping the market.
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OnchainArchaeologist
· 01-09 02:43
At the moment of the short squeeze, I knew I had to reverse my position. This strategy really works every time.
0.1 is a bit risky, but once it fluctuates to 0.15, it should be stable. Let's see how the main players play it.
It's another big swing, retail investors are still hesitating whether to add more. It was about time to get in.
$ZKP's recent trend is quite interesting. Many people see the price continuously falling in spot trading, initially thinking it would keep dropping. However, once the short positions reach a certain level, the price can't seem to stop.
The problem lies here — when too many traders are shorting, there are actually no new sell orders in the market. After 90% of the short positions are liquidated, it instead becomes a trigger for a bullish rally. This trading style is similar to previous patterns, bold and decisive, clearly showing the main players' intentions.
Although it has already fallen quite a bit and looks a bit weak now, based on the energy released from short liquidations, there is still quite a bit of room to go lower. According to the trading rhythm, we might see the price at around 0.1.