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1. Trends and Structure
- Mid-term trend: The 4-hour timeframe is in a correction phase after an upward channel. Previously, a strong rally started from the low of $2,156, reaching a high of $2,419.24, completing a main upward wave. Currently, it is a normal pullback after the rise.
- Key structure: The price encountered resistance near $2,419 and fell back, forming a temporary top. It has now retraced above the middle band of the Bollinger Bands ($2,279.93), indicating a strong correction that has not broken the mid-term upward structure.
2. Bollinger Band (BOLL) signals
- The price pulled ba

Take it down