Garrett Jin: Closes ZEC Short and BTC Long

Garrett Jin closed a 38,000 ZEC short worth $58.5M for a $35.44M loss and a 1,333 BTC long worth $112.58M for an $8.38M gain, realizing a net -$27.06M across the two trades.

Price action on ZEC shows the asset holding a bullish structure above the EMA50 at $1378.48 and EMA200 at $1047.81 while trading inside the Bollinger bands with upper resistance at $1580.62 and lower support at $1418.78. The MACD death cross at 42.97 signals weakening momentum even as RSI at 58.69 remains neutral, pointing to a likely retracement toward the 50-EMA support before any further upside in this ZEC price prediction setup marked by prior large short positions in Zcash.