Market Divergence: SOL Becomes Institutional Darling, Terra Ecosystem Completely Collapses, ZEC Shorts Forced to 'Hold the Bag' by Whales?

金色财经Published on 2025-12-12Last updated on 2025-12-12

Abstract

The cryptocurrency market is currently experiencing significant divergence, with some assets surging while others face severe downturns. Bitcoin (BTC) is testing a critical resistance zone between $92,000 and $94,000. A successful breakout could propel it toward $100,000, while failure may lead to a pullback below $90,000. Similarly, Ethereum (ETH) is approaching its key level at $3,400. Holding above this could push it to $3,700-$3,800, otherwise a retest of $3,000 support is likely. Solana (SOL) has emerged as a major institutional favorite. Despite market volatility, SOL ETFs continue seeing consistent inflows. Support from major platforms like Coinbase, which integrated Solana DEX functionality, and growing adoption by traditional finance giants like JPMorgan and Nasdaq, highlight strong fundamental strength. Accumulating SOL gradually is recommended. In contrast, the Terra ecosystem (LUNA, LUNC, USTC) has effectively collapsed. Founder Do Kwon received a 15-year prison sentence, and the project's $40 billion collapse triggered a broader market crisis. These assets are considered uninvestable. Zcash (ZEC) presents a cautionary tale for short sellers. Many are trapped in losing positions as large holders (whales) maintain price range, collecting funding rates systematically. This strategy allows whales to profit from perpetual funding while gradually squeezing shorts. The lesson: take profits quickly when shorting ZEC and avoid greed. Overall strategy: Wait for BTC/E...

The crypto space is truly a case of "some rejoice while others mourn"! Some coins are being frantically bought by institutions, some have been handed a death sentence, and others are leaving short sellers crying in the bathroom — this article breaks down the trading logic of the hot coins clearly. Save it now!

BTC/ETH: Stuck at Key Levels, Only a Breakout Brings Opportunity!

BTC: The $92k-$94k Line is a Matter of Life and Death

Big Brother Bitcoin is back in the $92,000-$94,000 resistance zone! Now it's up to the bulls: if they can break through this range, the next target is directly aiming for $100,000; if they can't break through, it will likely fall back below $90,000. This back-and-forth is so tedious~

ETH: $3400 Determines the Direction

Ethereum is charging at the resistance level again! The key is to see if the daily chart can hold firmly above $3400: if it holds, it will run towards $3700-$3800; if it fails to hold, it will have to go back and test the $3000 support. Don't blindly chase the high, wait for a clear direction before acting!

SOL: The 'Potential Stock' Frenziedly Bought by Institutions, Buying a Little Daily is Worth It!

If we're talking about the altcoin most favored by institutions right now, SOL definitely takes first place! Its fund flows are too strong:

  • It's been almost two months since the ETF approval, and no matter how much the market falls, funds have been quietly adding to their positions, completely unfazed;

  • Coinbase directly added DEX trading functionality for the Solana ecosystem in its official App, essentially opening a "green channel" for SOL;

  • From JPMorgan to Nasdaq, traditional finance bigwigs are building on the Solana chain, making the ecosystem increasingly stable!

Remember: follow the market funds, don't be swayed by various bull/bear news! SOL is currently a key target for institutional布局 (layout). Buy a little bit daily and accumulate slowly, making money is just a matter of time~

Terra Ecosystem (LUNA/LUNC/USTC): Game Over! Founder Sentenced, Paying for the $40 Billion Loss

The Terra ecosystem is completely finished! Founder Do Kwon has been sentenced to 15 years in prison. The "crash disaster" he created back then directly evaporated $40 billion and triggered a chain reaction: FTX collapsed next, trust in algorithmic stablecoins completely crumbled, and the crypto market went into winter~

LUNA, LUNC, and USTC are now completely battered by the fall. This isn't a simple pullback; it's the complete landing of negative news. There's little chance of a comeback later. Don't even think about buying the dip, don't touch them!

ZEC: Stubborn Shorts Get Trapped, Whales Profit by 'Sideways Movement'!

ZEC short sellers have had it rough lately! Many opened short positions hoping to make a profit, but ended up getting trapped deeper, and some fearless ones kept charging in, being extremely stubborn~

Especially the "top short seller" with the largest position, who was already profitable but didn't close the position, is now back in the red! Although they reduced their position a bit when the price dropped to the 300s, most of the position is still there. Fortunately, the whale has sufficient margin, with a liquidation point at $1057U, so they are safe for now, but the后续 (follow-up) is even more uncomfortable:

The whales have no intention of making big pumps or dumps; they just maintain the current price sideways, making money daily by collecting funding fees! Even though it's collected only every 8 hours, the large position size means they earn a significant amount~ They can even use the collected funding fees to slowly pump the price, wearing down these short sellers!

So ZEC isn't impossible to short, the key is to know when to stop, take profits and run quickly when you have them, don't linger. Money in hand is real money!

Summary: Wait for a breakout before acting on BTC/ETH, SOL can be accumulated daily with small positions, blacklist the Terra ecosystem entirely, don't be greedy when shorting ZEC.

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Related Questions

QWhat is the key resistance range for Bitcoin (BTC) according to the article?

AThe key resistance range for Bitcoin (BTC) is $92,000 to $94,000. A successful break above this range could target $100,000, while a failure could see the price drop back below $90,000.

QWhy is Solana (SOL) considered a favorite among institutions?

ASolana (SOL) is favored by institutions because its ETFs have seen consistent capital inflows for nearly two months, Coinbase has integrated Solana ecosystem DEX trading, and major traditional finance players like JPMorgan and Nasdaq are building on its blockchain, indicating strong and stable ecosystem growth.

QWhat was the outcome for Terra's founder, Do Kwon, and its ecosystem tokens?

ATerra's founder, Do Kwon, was sentenced to 15 years in prison. The Terra ecosystem tokens (LUNA, LUNC, USTC) have crashed significantly following the $40 billion collapse, and the article advises against any investment in them as they are considered to have no recovery potential.

QWhat is the current trading strategy suggested for ZEC based on the article?

AThe article suggests that shorting ZEC can be done but advises taking profits quickly and not being greedy. It highlights that large holders (whales) are maintaining a sideways price action to collect funding fees from over-leveraged short sellers, making it risky to hold short positions for too long.

QWhat is the critical price level that Ethereum (ETH) needs to hold on a daily close for a bullish move?

AEthereum (ETH) needs to achieve a daily close above $3,400 to potentially move towards the $3,700-$3,800 range. If it fails to hold this level, it may fall back to test support at $3,000.

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3.9k Total ViewsPublished 2024.03.29Updated 2026.06.02

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