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$ZEC long-short ratio ~0.53, indicating there is still large amount of short fuel in the market.
The extreme long-short ratio is because retail investors are shorting a market that has already proven it can squeeze shorts by saying "too expensive"
From last year's low, it has already risen >20x. On-chain realized price is only ~328, while current price is close to 4.5x the cost. Many traders naturally feel this increase will eventually be given back, so every round of rise sees people continu
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