ZEC has quietly surged another 20% and is now above the $380 mark. Looking back at the previous trend, the support around $300 was indeed quite solid, as it was retested multiple times without breaking.

So the question now is—are there still shorting opportunities?

From a technical perspective, the last wave saw ZEC encounter resistance around $420, after which it plunged directly to $320, a drop of nearly 24%. This time, the chart shows clear resistance in the $450-$470 range, so you could consider setting up short positions in that range.

The trading advice remains the same: use 1x leverage for long-term trades, don’t chase quick profits. Keep your position size under 10% and enter in batches. The benefit of this approach is that you won’t get liquidated, and even if you’re temporarily stuck in a losing position, with patience you’re highly likely to turn a profit in the end. After all, besides ZEC, you can also allocate to major coins like BTC and ETH—don’t put all your eggs in one basket.

As for the overall market: BTC and ETH rebounded again ahead of the interest rate cut announcement. If you haven’t opened positions yet, now is a good time to finish your allocation in the next couple of days, since the rate cut decision will be announced on the night of the 10th (which is 3 a.m. on the 11th). I suggest setting up short positions before the news comes out, still using the low-leverage, long-term strategy.

Looking back at the past month’s trades, the paper profit is around 1 million, and counting October’s gains, the total is 2 million. All of this has been done with low leverage; if leverage was increased to 2-3x, that number could easily hit 5 million or more. But I’m not in a rush—if you don’t lose money in a bear market, you’re already outperforming 90% of retail investors.

So right now I’m using leverage and position sizes conservatively, and will only consider going big once the bull market truly kicks off. Those who know, know: in the 2022-2025 cycle, I took over 3,000 from the market, all withdrawn and safely in hand. I’m confident I can replicate that result this time.

A lot of people like to go all-in when trading crypto, but in reality, risk management is the key to long-term survival.