#大户持仓变化 $ZEC drops below 400 mystery: whales buy the dip but end up dumping, retail investors still holding the bag?

Last night, while the market was plunging, I was still looking at short positions, and as a result, $ZEC directly broke below 400, trapping many fans in long positions. I took a closer look at the order book, and it basically looks like this—

The day before yesterday, large funds led a bullish rally, and retail investors flocked to build positions. But what happened next? Whales immediately took profits and sold off heavily. This routine is really standard for altcoins: first lure in longs to create hype, then sell off in batches to harvest gains. This pattern is easy to see through.

One fan fell for this trap, got caught in a long position, and came to me without saying a word. I can understand that feeling, but this is the reality of the market.

From a technical perspective, $ZEC has already broken through a key support level, and the short-term trend is still downward. $SOL and $SUI are also worth paying attention to.

If you also happen to have been caught in this trap, feel free to share your ideas on how to get out. The market is mostly about 70% technical analysis and 30% luck, the key is not to be driven by emotions.