ZEC's recent rebound is indeed a typical weak rally after an oversold condition. Looking at the four-hour chart, the price hit 450.00 and was pushed back down, indicating strong resistance at this level. The MACD indicator shows that the red bars are not increasing significantly, and the DIF and DEA are still hovering at low levels, suggesting that the bullish momentum is quite average. The RSI is around 52, approaching the resistance zone, with the MA60 moving average at 448.84 pressing down firmly from above.

From the market perspective, the signs that the main force is using the rebound to distribute are very obvious. The current price is at 432.93, so opening a short position directly is more appropriate, with a stop-loss placed above the previous high of 450.00. The first target for the decline is around 420.00, and if it continues, the second target is in the 400.00 range.

Stay firm in holding the trend position. Short-term traders can take partial profits at key support levels, but also beware of the main force reversing and smashing the market, which could cause a direct break below the previous lows.