ZEC: Garrett Jin Holds $33.66M Short Loss

Garrett Jin now carries a $33.66M unrealized loss on his largest ZEC short position with liquidation at $4,792.01, even as his 1,333 BTC long worth $108.57M shows a $4.5M gain.

Price at $1537.78 sits inside Bollinger Bands with upper resistance at $1657.95 and lower support at $1102.55. With price testing upper Bollinger resistance while RSI flashes overbought at 71.09, a healthy retracement to the 50-EMA support at $1279.02 seems probable before further continuation as the MACD golden cross at 92.83 keeps the broader bullish structure intact above the 200-EMA at $978.77.