Selling pressure started to emerge following a continuous Bearish Divergence in the 1-hour timeframe, while the 4-hour and Daily charts begin to show Overbought conditions. Despite potential rebounds, if the price fails to make a Higher High above 4,696, caution is advised for a larger-degree correction. Nevertheless, it is still assessed as a correction for further upside.

Investment strategy: Re-open long positions if price pullbacks hold above $4,605; if it breaks below $4,605, delay buying until $4,556–$4,500.

Take profit on long positions if prices fail to pass $4,696–$4,673; if it passes $4,696, delay selling until the next resistance level (Stop loss if price breaks below $4,500).