ZEC's four-hour correction is about to come to an end. I originally expected it to drop to 477, but that didn't happen. Instead, after a large bearish candle around 500, the hourly chart showed a sign of stabilization, followed by a rebound. The strength of this rebound was unexpected; it wasn't as weak as imagined.

The previous short positions were initiated at 538. Given that the daily chart still maintains an upward trend, only counter-trend operations can be considered on smaller timeframes. When the price accelerated downward from 535 yesterday, it was time to consider closing positions and preparing for a potential entry point in spot trading.

Whether it ultimately reaches the 477 level or not, the key depends on tomorrow's daily closing pattern and the coordination between the fast and slow four-hour lines. If it breaks upward to test around 575 (which theoretically shouldn't be too high), there is likely to be a second round of correction afterward to gather strength. I feel this correction still lacks some firepower; its depth is somewhat insufficient.