ZBT's recent trend is still quite interesting. After surging from 0.1027, it directly dropped sharply, with both the 15-minute and 1-hour K-lines showing long upper shadows. The moving averages are also starting to turn downward, indicating that short-term resistance is indeed building up. The MACD red histogram has significantly shrunk, clearly signaling that the bears are beginning to gain strength.
From a capital perspective, large accounts holding short positions are increasing, and their holding ratio is climbing. Active selling at high levels has started to appear in batches, and the bulls' willingness to absorb is noticeably weakening. However, the total open interest in contracts remains high, which is something to watch—if the bulls make a comeback, we still need to be prepared.
For trading, the current price of 0.0968 can be considered for a light short position. Place the stop-loss at 0.098; if it breaks through, exit immediately. For take profit, first target 0.092. If that level is also broken, extend the target to the support around 0.090. This move is essentially a short-term shorting opportunity after a rebound. The key is to buy in batches, strictly set stop-losses, and avoid greed and prolonged battles.
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DecentralizedElder
· 10h ago
0.1027 drop this wave is indeed a bit fierce, with such a prominent long upper shadow, the bears didn't waste their effort
Seeing the MACD shrinking, I knew it wouldn't be very pleasant later, and big players are starting to run away, fewer and fewer people are taking the bait
If you try shorting, you still need to strictly stop-loss. If 0.098 breaks, withdraw immediately. Don't fight the market; I've learned this lesson
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GasFeeCrier
· 10h ago
With such a prominent long upper shadow, the bears are about to take off, I have already opened a small short position.
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StillBuyingTheDip
· 10h ago
With such a prominent long upper shadow, is there still someone willing to buy? The big players are all reducing their positions. This bearish wave definitely has some strength.
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GasFeeVictim
· 10h ago
Such a long upper shadow is so obvious, the bulls really need to wake up, while retail investors are still holding the bag.
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MetaMasked
· 11h ago
Long upper shadow with MACD shrinking, this rhythm is indeed somewhat bearish... However, the high-position holding volume is still there, so be careful not to get hammered.
ZBT's recent trend is still quite interesting. After surging from 0.1027, it directly dropped sharply, with both the 15-minute and 1-hour K-lines showing long upper shadows. The moving averages are also starting to turn downward, indicating that short-term resistance is indeed building up. The MACD red histogram has significantly shrunk, clearly signaling that the bears are beginning to gain strength.
From a capital perspective, large accounts holding short positions are increasing, and their holding ratio is climbing. Active selling at high levels has started to appear in batches, and the bulls' willingness to absorb is noticeably weakening. However, the total open interest in contracts remains high, which is something to watch—if the bulls make a comeback, we still need to be prepared.
For trading, the current price of 0.0968 can be considered for a light short position. Place the stop-loss at 0.098; if it breaks through, exit immediately. For take profit, first target 0.092. If that level is also broken, extend the target to the support around 0.090. This move is essentially a short-term shorting opportunity after a rebound. The key is to buy in batches, strictly set stop-losses, and avoid greed and prolonged battles.