Zcash Drops 17% After 4-Year High, Shorts Pile In—Squeeze Setup?

Zcash (ZEC) hit a four-year high just two days ago, strongly braving the wider crypto market crash that pulled most coins down. However, things haven’t been the same since. Over the past 24 hours, the ZEC price has dropped more than 17%, trimming part of its massive rally. Even with that dip, the coin still trades 54% higher week-on-week, showing there’s plenty of action left source: https://beincrypto.com/zec-price-correction-completes-bull-pattern/