The Strait of Hormuz reopening and the US-Iran nearing an agreement are the strongest catalysts for the 4th wave rebound. 4-hour trading volume surged from 3,007 units to 102,872 units, a 34x increase. The main momentum has kicked off, and the bulls are absolutely dominant. Current price is 77,350, testing the Fibonacci 1.618 level (around 78,676). The expected peak for the 4th wave rebound has been revised up to 78,000-80,000. No rush for mid-term short positions—wait for the price to hit the 78,500-80,000 range and show bearish signals before setting up. Don’t chase the top, don’t guess the top. Let the bullets keep flying. April 22 will reveal the outcome.