In the medium term, as long as the price holds above $4,203, it is still viewed as a consolidation for further upside. The support level is assessed to have shifted to $4,288–$4,268.

As for rebounds, if the price fails to pass the resistance at $4,446, caution is still required as it might be a bounce before continuing to consolidate downward.

Investment strategy: Wait for the price to establish a base first. If risk-tolerant, consider opening long positions if the price stays above $4,288–$4,268 (Stop loss at $4,223).

Take profit on long positions if prices fail to pass $4,375–$4,446; if passed above $4,446, delay selling until the next resistance level.