Garrett just opened a fresh 2x short on 11,780 ZEC valued at $4.92M, extending his bearish stance after booking $11.66M in profits from two earlier ZEC trades over the past year.

At the same time the trader maintains a 1,268 BTC long position worth $76.45M that is currently underwater by $20.09M. With ZEC price prediction models now factoring in sustained selling pressure, the move aligns with the asset trading inside its Bollinger Bands between $396.16 support and $427.43 resistance on the 4h chart. Price sits at $413.92 beneath the EMA50 at $430.96 and well below the EMA200 at $481.4, confirming the broader bearish structure even as the MACD registers a bullish golden cross at -6.43 and RSI holds neutral at 47.07; this confluence points to a likely retest of the 50-EMA before any sustained upside attempt.