Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
This short position on ZEN has perfectly closed out, successfully pocketing 515 points.
Many people think this is just chasing momentum, but that's not the case. I had already thoroughly analyzed the market before taking action.
Before operating, ZEN had been oscillating at high levels for a long time, with several attempts to push higher that failed to break new highs. The turning point came—after a single-day rapid surge followed by a quick pullback in the K-line, a typical trap signal indicating that the price strength is waning.
From a structural perspective, several important details have already emerged:
- During the upward attack, trading volume began to shrink, showing signs of exhaustion
- After the rally, no effective new support was established
- Short-term indicators weakened first, appearing before price changes
Under such a structure, a sudden surge is not an opportunity but a sign that risks are beginning to concentrate and explode. The subsequent plunge is not because the market can't be moved, but an inevitable adjustment within the trend.
The essence of this short position—
It's not blindly chasing the fall, but operating in accordance with the confirmed structure. Do what needs to be done, without emotional involvement.
I've already marked the key levels for the next phase. The current state is just waiting—waiting for the price to return to the most advantageous level, then considering the next move.
Only those who truly understand the structure are qualified to ride this wave. The structure is right here—take your time to analyze, and follow patiently.