meh we failed to break through and are just washing out some leverage but eventually we will go higher
do not use leverage here if not already positioned
To be clear in my thoughts, the previous three highs that tested and failed means zcash:native is currently still in a decision zone. There are horny apes on both sides leveraged long and short at this local top
- we're currently just before Monday open, with the ZEC ETF announced last week we have plenty of fuel to push for new highs and complete this current test
- in any chance if we fail to break again, bulls are temporarily exhausted, we are going to range further
To be clear in my thoughts, the previous three highs that tested and failed means zcash:native is currently still in a decision zone. There are horny apes on both sides leveraged long and short at this local top
- we're currently just before Monday open, with the ZEC ETF announced last week we have plenty of fuel to push for new highs and complete this current test
- in any chance if we fail to break again, bulls are temporarily exhausted, we are going to range further
solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump has actually been a very clean setup level to level
- prev ATH buyers have been underwater and capitulating the whole way down
- distribution in range for a month, new buyers loadedfrom ~0.15-0.22
- recent https://t.co/1bbK4KlFNP announcement buyers are also trapped from that SFP to 0.35 as seen from the prev swing highs that have wicked down
- needs to confirm this current range ~0.22 ~0.28 to set up for next leg higher, wash out the non believers
ultimately Ansem can announce bullish catalysts any time to drive prices higher but good to build out a solid base of holders here
could end up being a very good onchain alt of this cycle as time goes on, Z has a massive media machine underway that is undervalued
8/23/2026 positioning for this week:
- ultra long $PURR and $CYPH
- Hyperliquid and ZEC will remain the two fastest major alts in this cycle
- long $ETHA calls for 2028
- long some other alts onchain solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn & (π₯ π₯ )
monitoring solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump, chart is interesting
8/23/2026 positioning for this week:
- ultra long $PURR and $CYPH
- Hyperliquid and ZEC will remain the two fastest major alts in this cycle
- long $ETHA calls for 2028
- long some other alts onchain solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn & (π₯ π₯ )
monitoring solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump, chart is interesting