The four-hour chart of PYTH is forming an upward five-wave pattern. During this period before the New Year, the market may experience a rapid surge, and the price is expected to quickly stabilize near the previous support line. Around the 15 days before and after the Lunar New Year, there is a high probability of sideways consolidation, with the price repeatedly testing support within this range. After the New Year, the overall upward momentum is expected to accelerate.

From an indicator perspective, the downward momentum of MACD is gradually diminishing, indicating that the bearish force is loosening. The RSI on the four-hour cycle appears relatively neutral, showing no clear signs of overbought or oversold conditions. In the short term, the market may need a correction, but overall, the trend remains bullish.