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legend1234
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Yesterday, smart money long positions were still at 282 million, but today they're down to 264 million. The number of long holders also dropped from 899 to 856, and the average long cost decreased from 1014 to 994. This means those who left were precisely the ones with the highest cost.
The price hasn't fallen, yet longs are actively reducing their positions. This indica
向日葵@天线宝宝
$ZEC
Yesterday, smart money long positions were still at 282 million, but today they're down to 264 million. The number of long holders also dropped from 899 to 856, and the average long cost decreased from 1014 to 994. This means those who left were precisely the ones with the highest cost.
The price hasn't fallen, yet longs are actively reducing their positions. This indicates these people aren't being forced out by the market but feel the current level isn't worth holding anymore. If they truly believed in further gains, who would voluntarily pull out over 18 million in real money during a sideways market?
Long holders are quietly exiting; don't foolishly rush in to be the bag holder. Short positions should be arranged quickly—short downwards!
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