$ZEC is experiencing a classic “short squeeze” scenario.

Take a look at Bitmex’s position data—74.4% short positions. What does this mean? Every time the price rises, a large number of shorts are forced to close, and closing a short means buying, which pushes the price even higher, triggering more liquidations. This is the classic short squeeze spiral.

📊 Three signals you can’t ignore:

**Extremely imbalanced position structure**
Short positions on both Bitmex and WhiteBIT exceed 65%. Such a one-sided position itself is reverse fuel. The market doesn’t play nice with the majority.

**Liquidation data says it all**
In the past 4 hours, $4.34 million in shorts have been liquidated, with a long-short ratio of 5.2:1. This isn’t speculation—it’s written in black and white on-chain liquidation data.

**Technical side fully favors the bulls**
Price is above all major moving averages, and every pullback forms a higher low. The message on the chart is clear—the trend is up.

💡 How to act in practice?

Stop guessing the top. In such an extreme position structure, shorting is just handing money to the market.

Watch for pullback opportunities near $408 —that’s where short-term support clusters, ideal for scaling in.

First target $428; if the trend continues, look to $456. But remember, $378 is the trend lifeline—if it breaks, don’t try to tough it out.

Position management always comes first. Trade with spare funds; don’t let one wrong decision affect your quality of life.

🎯 Bottom line: When market data, technical patterns, and capital flows all resonate, your job is to follow, not fight. The more crowded the shorts, the stronger the squeeze potential.

Which side are you on in this round?