B: Macro trend-structure

Price may be approaching an important mid-term resistance in the low-40s, where a mid-term top formation is likely.

However, from the macro trend structure, any pullback into the 33–30 zone (retesting the Aug ‘20 highs) should provide a new buying opportunity, with the broader macro structure favoring a move above the 2011 ATH into 2026+.

Macro view (monthly chart):

https://www.tradingview.com/x/B2xecs9o/