Cold Reflections Behind the ZORA Frenzy
Today's madness of ZORA indeed gets the blood pumping, with the price soaring to $0.138. But as an old hand who has experienced multiple bull and bear markets, I must remind everyone to stay clear-headed.
This wave of market activity is clearly being driven by big players, and those retail investors who are shorting based on account numbers are likely being harvested by the main forces. However, the previous high resistance zone at $0.14-$0.15 is not to be underestimated; today's spike and subsequent retreat have already indicated the issue.
I noticed a dangerous signal: the funding rate has started to turn negative, which means leveraged players have gone overboard. Do you remember what happened the last time this situation occurred?
If you are already in, I suggest taking profits in batches; if you are still on the sidelines, do not FOMO into chasing highs—wait for a decent pullback before considering. In this market, surviving longer is more important than making quick profits.
I will continue to monitor entry opportunities and will notify fans immediately when suitable chances arise.
