The performance of privacy coins in recent years has indeed been quite disappointing. Look at DASH and ZEN, two former representatives of privacy coins, which have now been halved in value. ZEC, as the most sharply rising coin in this camp, often experiences more intense adjustments afterward—this pattern has been repeatedly proven in the crypto market.
The current relative strength of ZEC may just be superficial. It is riding a rebound wave, pretending to stabilize and launch a counterattack. But in reality? This is the perfect opportunity for the main players to offload their holdings by smashing the price as new buyers step in.
From a trading perspective, consider shorting ZEC with 2x leverage. Since the coin is prone to upward spikes that can break through support levels, it is recommended not to set a stop loss for now to prevent sudden market surges from blowing out the short position. Even if it spikes again, doubling or reaching new highs, the probability of a major trend reversal remains very low.
For traders with higher risk tolerance, 3 to 4x short leverage is also within consideration. However, in such cases, it is advisable to set the stop loss near the key level of 550 for added safety.
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LeekCutter
· 2h ago
The game of privacy coins is really a mess. Even if ZEC bounces again, it's a dead cat bounce. The main players are just harvesting the last wave of retail investors.
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LiquiditySurfer
· 8h ago
Privacy coins have long lost their appeal, and ZEC's current rebound is just the last gasp for those trapped.
The main players' dumping tactics are too old-fashioned; trying to manipulate the price with sudden spikes is hard to defend against. It's better to stay on the sidelines and be comfortable.
Doubling down on short positions is a bit conservative; I bet there's no suspense in this downward move.
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BanklessAtHeart
· 8h ago
ZEC's recent rebound is just a trap to lure in buyers; the main players are bleeding out. I think doubling down on short positions is a safe bet.
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TokenomicsDetective
· 8h ago
Bro, I'm tired of hearing this set of rhetoric. Privacy coins are dead, just accept it and stop pretending.
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Is this ZEC rebound really a smoke screen for the main players offloading? I think it's more about gambler psychology.
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No stop-loss on 2x short positions? Brother, are you trying to experience what it's like from heaven to hell?
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Not afraid of doubling down with a margin, still shorting—you're pretty brave... or maybe just a bit foolish.
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Privacy coins should have been phased out long ago. Who dares to touch them under the regulatory storm?
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Another story of "main players offloading." Is it interesting to hear this every day?
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I was also bearish on ZEC last year, but I got stopped out. Do I have to fall for the same trick again?
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Risk is so high without a stop-loss. Do you really dare to take that risk?
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I'm not surprised if ZEC continues to be in a dead bear market, but I have to advise everyone about betting with leverage on this outcome.
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The privacy coin track was never promising to begin with. What’s there to talk about rebound or reversal?
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TrustlessMaximalist
· 8h ago
Oh no, I really can't make a move in the privacy coin game anymore
The main players are just acting, and this rebound in ZEC is a trap for catching the falling knife. I've seen through it long ago
No stop-loss for shorting? Isn't that gambling? It's too risky, brother
The support around 550 is real, but those willing to go all-in with 3x leverage are probably going to lose everything
ZEC has long been out of the spotlight, just like DASH, and can only lie flat
This round really can't reverse, face the reality, everyone
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RadioShackKnight
· 8h ago
ZEC's recent rebound is purely a trap to lure buyers, the main force is just bleeding them dry.
The performance of privacy coins in recent years has indeed been quite disappointing. Look at DASH and ZEN, two former representatives of privacy coins, which have now been halved in value. ZEC, as the most sharply rising coin in this camp, often experiences more intense adjustments afterward—this pattern has been repeatedly proven in the crypto market.
The current relative strength of ZEC may just be superficial. It is riding a rebound wave, pretending to stabilize and launch a counterattack. But in reality? This is the perfect opportunity for the main players to offload their holdings by smashing the price as new buyers step in.
From a trading perspective, consider shorting ZEC with 2x leverage. Since the coin is prone to upward spikes that can break through support levels, it is recommended not to set a stop loss for now to prevent sudden market surges from blowing out the short position. Even if it spikes again, doubling or reaching new highs, the probability of a major trend reversal remains very low.
For traders with higher risk tolerance, 3 to 4x short leverage is also within consideration. However, in such cases, it is advisable to set the stop loss near the key level of 550 for added safety.