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The 4-hour chart shows that the recent market has remained bullish for a sustained period: multiple bullish candlesticks with solid bodies, higher lows and higher highs, a coherent upward channel and trend, and the bulls periodically dominate the phase.
The latest 4-hour candlestick is bullish with a full-bodied body and strong buying pressure, and the bulls show strong attack intent; however, there is an upper wick at the end of the candle, which may slow the upward move in the short term.
The MACD indicator confirms the bullish structure: the DIF and DEA lines are above the zero axis, and the DIF curve diverges upward, with the bullish lineup intact; the red volume histogram bars are expanding, releasing bullish momentum; volume and price are resonating with the indicators, indicating a healthy uptrend.
Overall assessment: the bullish trend is stable in the medium to long term, but there is a need for a short-term pullback. You should not chase after highs; it is better to wait for a retest of support levels before following up.
BTC pull back around 62400-61800, then look for 63200-64500.
ETH pull back around 1740-1700, then look for 1770-1850.