Looking at the recent trend, the daily chart clearly shows a bullish pattern—green candles pushing upward, Bollinger Bands opening wide, and the price steadily staying above the middle band. But on the 4-hour chart, things get a bit interesting.

Repeated upper shadows indicate what? The $3150 level is being targeted by some traders. Capital is stepping on the brakes here, and there's a significant short-term pullback demand.

From a support perspective, $3080-$3100 is the first line of defense—this was once a resistance level, now turned into support, signaling a trend reversal. Further down, $3000-$3010 is a psychological barrier and also the daily low, with stronger support at this level.

What about resistance? The recent high at $3150 must be defended, and above that is $3200—the top of the previous trading range. To continue rising, a breakout above this level is necessary.

Volume analysis is also important. After a surge in 24-hour trading volume, it has started to decline again, indicating a waning bullish enthusiasm. The market is currently in a tug-of-war between "taking profits and locking in gains" and "fear of missing out on further gains." The RSI indicator is approaching overbought levels, and short-term consolidation or correction seems almost certain.