During the period from 4200📈 to 4800, there was almost no significant resistance; however, after breaking through 4800, especially at the new high position of 4880, the selling pressure significantly increased, followed by a 4-hour candlestick forming a long upper shadow doji, and the price subsequently entered a correction phase.

This correction is a healthy adjustment, and the market did not experience the excessive FOMO that was anticipated. Going forward, the performance of the support range of 4620-4570 should be closely monitored. If this range can effectively stabilize, one could consider making investments. $BTC $ETH