ZEN's short position logic ultimately captured 515 points. Looking back, this case is quite interesting.

The market was repeatedly oscillating at high levels earlier, typical of a wide-range consolidation. Several attempts to push higher failed to form a sustained trend, which itself is a signal. Later, there was a pattern of a single-day surge followed by a quick pullback—you've all seen it—this is a trap for the late longs, and the price strength has already significantly weakened.

From a structural perspective, the issues lie in several areas: lack of volume above, inability to find new support levels to establish a mid-term pivot after the rally, and the short-term momentum weakening first. In such situations, a sudden surge is actually a risk signal, not an opportunity.

Therefore, the short-term decline is an inevitable structural correction, not an emotional sell-off. Short positions are not about chasing the dip to buy the bottom, but about acting in line with the confirmed structure. The next phase of the structure is already being planned; once the price reaches the optimal position, a move will be made directly.