ZEC's 4-hour trend against USDT is currently quite interesting. Near the end of the year, the price is stuck at 537.21 USDT, with a daily increase of +2.79%, showing a very bullish upward momentum in the short term.

Let's first look at today's market. Starting from the 300-400 range on the left side, the price has strongly broken through along the ascending channel, with several recent candles continuously rising. Not only did it break the previous high, but it also directly surpassed the 520-530 resistance zone. It has now reached 537.21, with obvious signs of increased volume—this can be seen from the thickness of the candle bodies.

All technical indicators are bullish signals. The 9-period EMA and 26-period EMA have a golden cross, and the price is well above both lines, indicating a strong bullish pattern. MACD is even more bullish—the histogram has shifted from red negative to green and is still expanding, with the signal line crossing upward, which is a strong buy signal. RSI(14) reads 68.81, close to the overbought zone of 70 but not overheated yet. SMA14 is 77.46, indicating momentum is still there, but with some caution about potential overbought risks.

Overall, the bulls are in absolute control, with buying pressure actively pushing the price upward, maintaining upward momentum in the short term. No obvious selling pressure is seen. The current market is suitable for bulls to follow up, but caution is advised for possible minor pullbacks due to overbought conditions.

Looking ahead, as long as the 520-530 support zone can be maintained in the short term, there is still room for further upward testing.