ZEC indeed has a bullish opportunity, but patience is still required at the moment.

Looking at the 1-hour timeframe, it rose from around 500 to 530. Theoretically, it should stabilize above 520 to form a rebound trend, but it turned around and dropped back to around 490. This 7% oscillation indicates one thing—the market participation is still not stable enough, with fierce battles between bulls and bears, and genuine signals and false breakouts alternating, much like ETH's repeated testing before a major upward move.

Based on this pattern, my advice is to avoid chasing short positions for now. I also emphasized earlier that short positions below 500 should be closed if possible. Observing the entire altcoin sector, ZEC and BCH have the most complete upward trajectories, and their subsequent performance is worth watching.

Don't be fooled by ETH's current rally; it is actually still within a bearish structure, making a technical rebound. The true bullish trend has not been established. For ZEC to generate a reliable bullish signal, the key is whether it can hold above 520. If it repeatedly breaks below 520, the market may continue to experience high volatility in a range-bound pattern, so there's no need to force an entry at this time.